The Links Between Economic Freedom and American Leadership in International Security

The 2011 Index of Economic Freedom is out, and the news is not good. For the second year in a row, America became less economically free. The U.S. is now just the ninth-freest economy in the world. The decline in the U.S. ranking was driven by skyrocketing government spending, new regulatory uncertainty associated with Obamacare, […]

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No Debt Ceiling Raise Without Spending Cuts

On March 16, 2006, when our national debt stood at $8.27 trillion, a young Senator from Illinois announced his intention to vote against raising our nation’s debt ceiling to $9 trillion, explaining: The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. Leadership means that “the […]

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The Government Spending Threat to Economic Freedom; USA Now “Mostly Free”

This morning, The Heritage Foundation and The Wall Street Journal released the 2011 Index of Economic Freedom, and while the news is good for many countries, it is depressing for the United States. All told, 117 countries, mainly developing and emerging market economies, improved their Economic Freedom Index score. Meanwhile the U.S. dropped to 9th […]

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Libel is No Path to a Civil Society

All of us at The Heritage Foundation were profoundly saddened by the tragedy that occurred this past Saturday morning in Tucson, Arizona. We mourn all of those who lost their lives and are praying for a full recovery by all of the surviving victims. As Speaker John Boehner said Saturday, “An attack on one who […]

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Bill Introduced to Repeal Dodd-Frank

Members of the 112th Congress were sworn in just days ago, and already lawmakers are making big waves. Rep. Michele Bachmann, a Republican from the state of Minnesota in her third term, introduced legislation Thursday that would repeal the Dodd-Frank financial reform bill that was signed into law just six months ago. Dodd-Frank calls for […]

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Deep-Water Drilling Permits Down 88% in Gulf Since Obama Lifted Moratorium

This week’s announcement that 13 oil companies can resume activity in the Gulf of Mexico provided some hope the Obama administration might finally begin to approve drilling new permits. It couldn’t come soon enough. Since the administration’s drilling moratorium was lifted in October, deep-water permit issuance is down 88 percent with only two new permits […]

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