Private universities with large endowments are fretting over a provision in the House-passed “big, beautiful” bill that would significantly raise

Pa. Democratic U.S. Sen. John Fetterman, left, said he would oppose the "One, Big, Beautiful Bill" passed by the GOP-controlled House while GOP Sen. Dave McCormick seemed poised to support it. (AP Photo/Marc Levy, File) (AP Photos/J. Scott Applewhite (Fetterman) and Marc Levy (McCormick))

The "One Big Beautiful Bill" contains a 50 percent reduction in the tax break that allows team owners to save millions of dollars.