Universities should steer clear of the Trump compact because it is highly prescriptive, and they should want to maintain their independence. It would be a ramping up of federal control. 

The enhanced subsidies are a costly reminder of how temporary government programs can become billion-dollar permanent entitlements.

Ultimately, the ruling was grounded in fundamental liberty: government cannot condition receipt of funds on recipients adopting government-approved speech or ideas or punish disapproved ideas.

Tariffs likely don’t even cover the fiscal costs of Republicans’ flagship tax legislation, let alone meaningfully improve the broader fiscal picture.