On Wednesday, The Heritage Foundation and the Wall Street Journal released the 17th edition of the Index of Economic Freedom which catalogues countries and ranks them based on their level of economic freedom.

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Among the highlights of this year’s report:

  • Hong Kong maintained its position at the top of the rankings

  • While the global economic freedom score increased, the United States dropped once again

  • Countries with the highest rate of government spending saw their GDP grow 4.5% slower than countries where government spending is better contained

Here at home, the report raises important questions about how the government’s reckless spending habit has harmed America’s competitiveness in the world. As our video shows, while the American Dream may not be dead, it must be defended.

With so much at stake, it is up to each one of us to get government spending under control and ensure that we are able to leave a strong, prosperous America to future generations.