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Founded | 2005 |
---|---|
Founders | Jonathan Cowan Matt Bennett Nancy Hale Jim Kessler |
20-1734070[1] | |
Legal status | 501(c)(4)[1] |
Headquarters | Washington, D.C., United States |
Coordinates | 38°54′12″N 77°02′22″W / 38.903358°N 77.039347°W |
Jonathan Cowan[2] | |
John L. Vogelstein[2] | |
Subsidiaries | Third Way Institute |
Revenue | $10,405,228[1] (2016) |
Expenses | $8,704,498[1] (2016) |
Employees | 71[1] (2016) |
Volunteers | 32[1] (2016) |
Website | thirdway |
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]
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