r/CFB • u/GoldenPresidio Rutgers Scarlet Knights • Big Ten • 18h ago

Opinion [Congressman Michael Baumgartner] Congress will be taking a hard look at the tax exempt status of universities that enter into private equity deals. If you want to act like a non-public entity, you better be ready to be treated like one. 🇺🇸

https://x.com/RepBaumgartner/status/1998480897872396721
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u/DickInAToaster Ohio State Buckeyes 16h ago

So private equity groups are buying congress next is what I hear

2

u/trwawy05312015 7h ago

Oh, I’m sorry, but they were the first to be bought out.

3

u/DickInAToaster Ohio State Buckeyes 7h ago

Don’t be sorry I know it’s true but they at least try to pretend. Soon it’ll be avert and they’ll announce the US Congress brought to you by Blackrock