'cause it's never JUST about basketball: Both the Sports Economist blog and After Atalanta have noticed the Congressional Budget Office report on the tax-exempt status of athletic programs at colleges and universities. Notes the USAToday article:

As part of an overall concern with the commercialization of college athletics, Grassley said at the time that Congress needed to know whether schools actually used their tax breaks to improve education, or whether taxpayers are subsidizing "other priorities."

"The fact that congressional analysts had to rely on information collected by a major newspaper for source data highlights how little information is available about how these programs work," he said.