US tax bill: Democrats attack exemption for college linked to Betsy DeVos

Education secretary and her brother are alumni of Hillsdale College, which is being exempted from an excise because it refuses federal funding

Democrats are attacking a proposed amendment to the Republican tax plan that would carve out an exception to a small Christian college in southern Michigan with ties to education secretary Betsy DeVos.

In a tense exchange with Democrats on the Senate floor, Pennsylvania Republican senator Pat Toomey defended the provision, which would exempt Hillsdale College from an excise tax on universities and colleges with endowments larger than $250,000 per student.

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Source: News

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