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Trump Threatens Harvard Tax Exemption Amid $163B Cuts

5/3/2025

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Summary

Story summary

Donald Trump is making waves on Truth Social, unleashing a barrage of unusual posts that target judges and champion his policies. He announced intentions to strip Harvard of its tax-exempt status, declaring it "deserves" such a fate. In parallel, a budget proposal threatens $163 billion in federal cuts to numerous programs, all while boosting defense spending.

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Story summary

Donald Trump is making waves on Truth Social, unleashing a barrage of unusual posts that target judges and champion his policies. He announced intentions to strip Harvard of its tax-exempt status, declaring it "deserves" such a fate. In parallel, a budget proposal threatens $163 billion in federal cuts to numerous programs, all while boosting defense spending.