What to know about Columbia’s $200 million settlement with Trump administration

By Home - CBSNews.com Jul 24, 2025 | 8:18 PM

Columbia University says it has reached a settlement with the Trump administration after months of negotiations over millions in frozen federal grants. Nikki Battiste has details.

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BREAKING THE BUDGET IMPASSE

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Increase income taxes to pay for more spending.

Draw down the state's rainy day funds to pay for more spending.

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We do need to increase spending on some programs, but there's plenty of wasteful spending we should cut. No new taxes!

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What to know about Columbia’s $200 million settlement with Trump administration