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Linda McMahon: “The president is looking to increase the endowment tax.”

Featuring: Linda McMahon, Republican | Secretary of the U.S. Department of Education | National

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Linda McMahon Discusses Trump Administration's Federal Contract Cancellation with Harvard University

Published | Video Starts at 02:33

It's invested. And if it can have a return of 5, 7, maybe sometimes 10% on that endowment, that's billions of dollars. You know, that that's maybe as The president is looking to increase the endowment tax. that's something that the American public could wrap its head around. So I think that there are a lot of issues, you know, that we, that we can look at, and we'd like to continue to talk to Harvard. (02:33–02:43)

CLAIM

Asserts that President Trump is considering increasing the endowment tax.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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