In the News

On any given day, Groundwork's analyses, op-eds, reports, and commentary are featured in leading publications and on the most influential news programs and podcasts.

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High Interest Rates Are Hitting Poorer Americans the Hardest

“High interest rates really forced cracks in that recovery, and it’s folks who are on the margins of our economy who are hit first and hit hardest,” said Rakeen Mabud, chief economist at the Groundwork Collaborative, a progressive group. “They really serve as a bellwether for what could happen to the rest of our economy.”

May 14, 2024 New York Times
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Democrats Urge Biden to Investigate Grocery Store Price-Fixing

“Purchasing food isn't a choice, it's a necessity,” says Lindsay Owens, the executive director of the Groundwork Collaborative, a left-leaning think tank that released a report in February on the key drivers of grocery inflation. “There's no getting around a trip to the grocery store in modern America, so I think Congress and the Biden Administration are rightly focused on what they can do, what suite of tools they have at their disposal for bringing down food and grocery prices for Americans, particularly when food and grocery prices are being kept artificially high because of market manipulation, collusion, and price gouging.”

May 13, 2024 TIME Magazine
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Inflation is slowing. Here’s why prices still aren’t going down

“I think Americans are a little perplexed when they see news reports of inflation coming down, and yet they don’t notice any of their prices coming down,” said Lindsay Owens, executive director of the nonprofit think tank Groundwork Collaborative.

May 12, 2024 CNBC
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Groundwork’s Bilal Baydoun on Senate Banking Hearing: “We should be thankful for the Consumer Financial Protection Bureau”

“It’s a shame that some lawmakers are so scornful of an agency that is saving consumers billions of dollars per year by taking on predatory late fees. We should be thanking the Consumer Financial Protection Bureau for standing up for consumers when corporate traps stretch family budgets.” Groundwork's Director of Policy and Research Bilal Baydoun reacts to today’s Senate Banking Committee hearing on junk fees in the credit card industry and the housing market.

May 9, 2024 Groundwork Collaborative
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Groundwork’s Lindsay Owens on CBO’s TCJA Extension Report: “This tax law should expire”

“Extending Trump’s tax law and effectively subsidizing corporate profiteering and billionaire wealth is a nonstarter. This tax law, on top of decades of failed trickle-down cuts, has come at the expense of workers and families. Groundwork Collaborative’s Executive Director Lindsay Owens reacts in response to today’s report from the Congressional Budget Office that shows extending the Trump tax cuts would add $4.6 trillion to the deficit.

May 8, 2024 Groundwork Collaborative
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Extending Trump Tax Cuts Would Add $4.6 Trillion to Deficit: CBO

Groundwork Collaborative executive director Lindsay Owens also responded critically to the CBO report, saying Wednesday that "extending Trump's tax law and effectively subsidizing corporate profiteering and billionaire wealth is a nonstarter."

May 8, 2024 Common Dreams
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Biden looks to boost worker, consumer power as election looms

“All of these rules really have at their core the idea that people deserve a fair and functioning economy that works for them,” said Rakeen Mabud, chief economist and managing director of policy and research at the Groundwork Collaborative, a left-leaning think tank and advocacy group.

May 7, 2024 The Hill
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Congress Urged to Tax Big Oil for Price Fixing and ‘Issue Every American a Refund’

"Americans have been working harder and harder to cover rising energy costs, with the understanding that supply chain snags and geopolitical forces were keeping prices high," Owens said. "Now the Federal Trade Commission has uncovered the real source behind the price at the pump: collusion."

May 7, 2024 Common Dreams
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Groundwork’s Lindsay Owens on FTC’s Findings on Pioneer

“Americans have been working harder and harder to cover rising energy costs, with the understanding that supply chain snags and geopolitical forces were keeping prices high. Now the Federal Trade Commission has uncovered the real source behind the price at the pump: collusion.” Groundwork Collaborative’s Executive Director Lindsay Owens reacted.

May 7, 2024 Groundwork Collaborative
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New era of inequality: Billionaires pay less in taxes than the working class

These findings raise concerns about the societal impact of growing wealth inequality. Zucman argues that the ultra-rich’s ability to live off their wealth while contributing less in taxes undermines the principles of fairness and democracy. Rakeen Mabud, chief economist at the Groundwork Collaborative, echoes this sentiment, calling the trend “absurd” and urging lawmakers to raise taxes on the wealthy and large corporations.

May 6, 2024 Nation of Change
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