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Today, Groundwork Collaborative’s Executive Director Lindsay Owens released the following statement on the announcement of a debt limit deal between President Biden and Speaker McCarthy.
Some liberals remain wary of the deal, too. Lindsay Owens, executive director of Groundwork Collaborative, a left-leaning group, criticized the proposed clawback of IRS funds. “We shouldn’t be grading away our ability to collect revenue from wealthy tax cheats,” she tweeted.
A group of Congressmen have reintroduced a bill that would stop companies such as Alphabet, Nike and Norfolk Southern from buying back their own shares. It’s also supported by AFL-CIO, Americans for Financial Reform, the Communications Workers of America, Public Citizen, the Institute for Policy Studies Global Economy Project, Groundwork Collaborative, Indivisible, the Service Employees International Union and Take On Wall Street.
This June 8-9, hundreds of progressive experts, organizers, and policymakers will gather in Washington D.C., and virtually for EconCon 2023. The two-day gathering is free and open to the press.
Lindsay Owens, an economist and the executive director of the Groundwork Collaborative, was among the progressives who criticized the House Democratic leader's remarks. "Jeez. Just showing everyone our cards," wrote Owens, who has warned that "any time you let Republicans control the terms of the debate around the debt ceiling, you're in trouble."
“Basically, what corporations have been able to do—and they brag about this constantly in earnings calls—is that they’ve taken these cost increases and they passed all of that onto consumers,” said Chris Becker, senior economist at Groundwork Collaborative, a progressive economic think tank.
“Our new poll makes it clear that people across the country want the Federal Reserve to stop raising interest rates before it pushes us toward a devastating and completely avoidable recession,” said Rakeen Mabud, chief economist at the Groundwork Collaborative.
David Sirota sits down with Lindsay Owens, the Executive Director of the Groundwork Collaborative, and Hal Singer, the Managing Director of Econ One, who have both been sounding the alarm for over a year about corporate price gouging and profiteering which have been driving inflation.
In response to recent reports that members of President Biden’s Administration are considering accepting additional demands made by Speaker McCarthy in debt ceiling negotiations, Lindsay Owens, executive director of Groundwork Collaborative, released the following statement.
“It’s unbelievable to be back in this fight,” said Lindsay Owens of Groundwork Collaborative, a progressive economic think-tank. “I think there’s a growing chorus of senators and members of the House who would be unable to vote for any deal that includes any work requirements.”