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How the Washington Establishment is Confounding Biden’s Debt Ceiling Plan

“The so-called ‘fiscally responsible’ adults in the room have actually been happy to participate in a reckless strategy of hostage-taking and trying to force the White House to accept MAGA cuts,” said Lindsay Owens, the executive director of the Groundwork Collaborative, a left-leaning group. “It has emboldened McCarthy and the Republicans.”

May 4, 2023 Washington Post

Press Release

Groundwork’s Lindsay Owens Named to Washingtonian’s “Most Influential People Shaping Policy” List

Washingtonian Magazine named Groundwork Collaborative’s Executive Director Lindsay Owens to its special edition list of the “500 Most Influential People Shaping Policy” in Washington, D.C.

May 4, 2023 Groundwork Collaborative

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Federal Reserve Raises Interest Rates by 25 Basis Points, Opens Door to Pause

“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.

May 3, 2023 Epoch Times

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Warren, Sanders, and 8 Others to Powell: Stop Hiking Rates or Risk Terrible Recession

Rakeen Mabud, chief economist of the Groundwork Collaborative, said Tuesday that "Chair Powell and the Fed have made it clear that high interest rates are here to stay, even if it means trampling on one of the strongest labor markets in history."

May 3, 2023 Common Dreams

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US Interest Rates Rise Despite Banks’ Turmoil

Groundwork Collaborative’s Chief Economist Rakeen Mabud joined the program to discuss the Federal Reserve’s 10th interest rate hike in a row.

May 3, 2023 BBC World Service: Business Matters

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This Is What Could Happen If Republicans Won’t Increase The Debt Ceiling

Mabud and Holtz-Eakin said there was rare consensus among economists of various ideological stripes that a default would be disastrous. “Experts across the board have made it pretty clear that defaulting would be devastating to our economy,” Mabud said. “This is not a partisan issue.”

May 3, 2023 Huffington Post

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The Federal Reserve’s Battle Against Inflation May Be Close to a Turning Point

Lindsay Owens heads the Groundwork Collaborative. That's a progressive think tank here in Washington. She wants the Fed to take a breather and see if inflation continues to settle down. LINDSAY OWENS: It's not the case that we have to keep hammering away at trying to slow growth in the labor market to bring down inflation. We can have both.

May 3, 2023 NPR

Press Release

Media Roundup: Corporate Profiteering Takes Center Stage

Since August 2021, Groundwork has highlighted corporate profiteering through research, opinion pieces, media appearances, polling, and congressional testimony.

May 3, 2023 Groundwork Collaborative

Press Release

Groundwork’s Rakeen Mabud: “Fed’s actions are heightening the risk of recession”

Chair Powell and the Federal Reserve are expected to raise interest rates by 25 basis points at this week’s Federal Open Market Committee (FOMC) meeting.

May 2, 2023 Groundwork Collaborative

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The Real Monster Behind Soaring Prices

"We've seen that markups — the difference between the price that they charge versus the cost that they paid to produce the item — has also hit record highs," Becker said. "What it actually seems is that even though their costs are going up, their profit margins have also skyrocketed."

May 2, 2023 Business Insider