Third Way (United States)

Third Way
Founded2005 (2005)
FoundersJonathan Cowan
Matt Bennett
Nancy Hale
Jim Kessler
20-1734070[1]
Legal status501(c)(4)[1]
HeadquartersWashington, D.C., United States
Coordinates38°54′12″N 77°02′22″W / 38.903358°N 77.039347°W / 38.903358; -77.039347
Jonathan Cowan[2]
John L. Vogelstein[2]
SubsidiariesThird Way Institute
Revenue$10,405,228[1] (2016)
Expenses$8,704,498[1] (2016)
Employees71[1] (2016)
Volunteers32[1] (2016)
Websitethirdway.org

Third Way is a Washington, D.C.-based public policy think tank founded in 2005.[3] It develops and advocates for policies that it says represent "modern center-left ideas".[4] It is described as a centrist think tank for moderate Democrats,[5] while critics see it as neoliberal[6] and “the turning point in which… parties abandoned their traditional tenets and working-class constituencies in favor of… Margaret Thatcher and Ronald Reagan.” [7]

The think tank's supporters and advocates include like-minded Democratic Party politicians, think tanks, and individual donors.[5] Third Way's funding also partially comes from philanthropy, foundations, and personal donations. Since its founding, Third Way has been directly involved in policy issues such as the benefits of energy innovation, student accountability measures under the Every Student Succeeds Act, deficit reduction, proposals to reform Medicare and Medicaid, the repeal of "Don't ask, don't tell", and new trade accords with Colombia, South Korea, and Panama.[8]

  1. ^ a b c d e f "Form 990: Return of Organization Exempt from Income Tax" (PDF). Third Way. December 31, 2016. Retrieved November 10, 2018.
  2. ^ a b "About". Third Way. 2014. Archived from the original on January 14, 2025. Retrieved January 17, 2025.
  3. ^ Shear, Michael D. (February 9, 2011). "Political Groups Compete to Represent the Center". The New York Times. Retrieved November 9, 2014.
  4. ^ "About – Third Way". Third Way. Retrieved May 23, 2023.
  5. ^ a b Hohmann, James (February 15, 2011). "Third Way picks up 3 new Senate co-chairs". Politico. Retrieved November 10, 2018.
  6. ^ Lacy, Akela (April 26, 2019). "PhRMA is Funding a Democratic Think Tank Trying to Derail Medicare for All". The Intercept. Retrieved April 26, 2019.
  7. ^ Wamsley, Dillon (February 19, 2025). "Why the Center Left Struggles to Escape Its Neoliberal Past". Jacobin. Retrieved March 3, 2025.
  8. ^ "The 50 Most Influential Think Tanks in the United States". The Best Schools. 2013. Retrieved March 14, 2018.

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