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To: Kaslin

The problem was how the law was written. It included massive bailouts for colleges—and colleges took what wqs offered.

Bigger issue was the retroactive tax break to past years for pass-throughs. (Think hedge funds and commercial real estate.)


2 posted on 04/22/2020 6:35:21 AM PDT by 9YearLurker
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To: 9YearLurker
The problem was how the law was written

I'm sure the Dems made sure there were special breaks for their colleges and universities, that's the problem.

6 posted on 04/22/2020 6:54:45 AM PDT by 1Old Pro (#openupstateny)
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To: 9YearLurker; Kaslin
The problem was how the law was written.

Right.

The other problem is The Federalist doesn't mind getting the facts wrong if it helps stir up resentment.

Consider elite Harvard University, for example, which refuses to use its eye-popping $41 billion endowment to ease tuition burdens on its students...

Harvard has one of the most generous student financial aid programs anywhere. They do use their endowment to help students.

While stiffing students, the cash-flush university even took $8 million in taxpayer bailout money intended for small businesses...

The money wasn't intended for small businesses, that's the PPP. This money was specifically for higher education as part of the CARES Act.

And the $8m Congress gave Harvard was to go half to the university and half to students. Harvard gave it all to the students.

I completely understand click bait and that anger and fear are what get people riled up, but this level of dishonest, lazy and factually wrong writing is an insult to the readers.

Unfortunately it's typical of The Federalist.

8 posted on 04/22/2020 7:12:51 AM PDT by semimojo
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