The article discusses proposed changes to the endowment tax legislation in the U.S. that could significantly impact elite universities like Harvard, MIT, Yale, and Stanford. It highlights concerns that the increased taxes could lead to budget cuts and reduced investment in research, education, and financial aid. Experts argue that the proposals are politically motivated and could harm the country's leading institutions, which do more than just amass wealth—they contribute significantly to research, innovation, and education.

May 13, 2025 2:00 pmPresident Donald Trump is preparing to accept a repurposed luxury jet from Qatar, a nation he once correctly referred to as the world’s leading “funder of terrorism” and “radical ideology,” to replace an aging Air Force One. Qatar, the president says, will bequeath ...