As Trump battles elite colleges, House GOP looks to hike endowment tax by tenfold or more

abcnews.go.com/Business/wireStory/trump-battles-elite-colleges-house-gop-hike-endowment-121526028

As Congress looks to slash spending and raise revenue for President Donald Trump’s tax bill, Republicans have turned attention to the huge endowments amassed by the country’s wealthiest colleges

This story appeared on abcnews.go.com, 2025-05-06 17:18:47.
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