The Heritage Foundation’s 2022 Index of Economic Freedom documents a worldwide decline in economic freedom, with the largest decline in average scores ever measured. The United States is no exception: With declines in half of the 12 categories of economic freedom measured by the Index, the U.S. dropped from a high of fourth place in 1995 to 25th place, its lowest ranking to date. Congress must revive economic freedom in the United States.
Read the full report here.