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Trump Targets Harvard's Tax Status Amid $163B Budget Cuts

5/4/2025

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Trump Targets Harvard
  • In a bold move, President Trump aims to strip Harvard University of its tax-exempt status, arguing that the institution's policies warrant such action. This has drawn sharp criticism from Democratic senators who deem it illegal. Meanwhile, Trump’s proposed budget slashes $163 billion, prioritizing defense spending while tightening federal expenditures, a plan backed by House Speaker Mike Johnson.
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