Dems knock Toomey over proposed college provision in tax plan
Republican negotiators have slipped into the tax bill a provision that would exempt Hillsdale College, a leading conservative college in Michigan, from an excise tax on schools with more than 500 students or large endowments.
The GOP amendment making final changes to the tax bill includes language sponsored by Sens. Pat Toomey (R-Pa.) and Ted Cruz (R-Texas) that would exempt any university that does not accept federal financial aid under Title IV of the Higher Education Act from excise taxes, Democratic aides said.
Hillsdale College is the only college or university that meets this definition, according to Democratic sources.
For example, Erik Prince, the brother of Education Secretary Betsy DeVos, graduated from Hillsdale in 1992.
Hillsdale graduates who joined the Trump administration include Josh Venable, chief of staff at the Department of Education; David Morrell, associate counsel to the president; Trump speechwriter Brittany Baldwin, and Stephen Ford, a speechwriter for Vice President Pence.
A spokesperson for Toomey, the sponsor of the bill, did not immediately return a request for comment.
Spokespersons for the Senate Finance Committee did not respond immediately either.
Updated: 10:30 p.m.
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