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    The Mostly Free Anglo-American Alliance

    The 2010 edition of the Index of Economic Freedom poses a frightening paradox. Around the world, the economically freest countries are, by and large, those with a British legacy. Indeed, the top five – Hong Kong, Singapore, Australia, New Zealand, and Ireland – were either founded or influenced by the … More

    Morning Bell: The State of Our Union

    The President of the United States tomorrow will inform the Congress on the State of our Union, as he is constitutionally mandated to do. The past 12 months have seen our country head down a dangerous course, and The Heritage Foundation can only hope that the President will use this … More

    "Mostly Free" Means Fewer Jobs, Less Money for Millions in U.S.

    This year’s Index of Economic Freedom contains the unsettling news that the United States has dropped out of the exclusive club of free economies and is graded “mostly free” for the first time in the Index’s 16-year history. The United States’ Index score dropped from last year’s 80.7 to this … More

    Morning Bell: A Nothing Burger, A Fig Leaf, and a Commission On the Side

    From the President who brought you unaccountable, constitutionally-questionable czars comes the latest innovation in pass-the-buck leadership: a White House executive commission designed to solve the behemoth of a spending problem plaguing the federal government.  Members of Congress have described the commission as a “nothing burger,” a “fig leaf” and “something … More

    Please! No White House Lame Duck Commission

    After much congressional handwringing over what budget process reform to attach to a must-pass increase in the debt ceiling, support for the legislative proposal crafted by Senate Budget Committee leaders Kent Conrad (D-ND) and Judd Gregg (R-NH) has crumbled. It fell apart as many members recognized two political facts of … More

    Scott Brown’s Reading List: The Index of Economic Freedom

    Within a span of just a few hours this week, three seemingly unrelated events all, by happenstance, made headlines in America: the one-year anniversary of President Obama’s inauguration, a historically earthshaking election in Massachusetts, and the release of The Heritage Foundation’s Index of Economic Freedom. But perhaps there are no … More

    The U.S. Isn't as Free as It Used to Be

    The United States is losing ground to its major competitors in the global marketplace, according to the 2010 Index of Economic Freedom released today by the Heritage Foundation and The Wall Street Journal. This year, of the world’s 20 largest economies, the U.S. suffered the largest drop in overall economic … More

    The House and Senate Cloakrooms: Jan. 19 - 24

    Senate Cloakroom: Analysis: The Senate returns this week after a three-week absence. In the wake of passing an unpopular health care bill, the Senators must now contend with another unpopular issue – increasing the nation’s debt limit by nearly $1 trillion. The debate, which is expected to last into next … More

    Morning Bell: Bank Tax Misses the Real Bailout Deadbeats in Detroit and DC

    Facing rising populist anger over his administration’s billion-dollar bailouts, President Barack Obama proposed a $117 billion tax over the next 12 years on financial companies with assets of more than $50 billion. “We want our money back, and we’re going to get it,” the President said. The President is half … More

    Taxing Banks to Pay for TARP: Just Playing Politics

    It is fun and politically profitable to attack banks and bankers, especially in the wake of a bailout program estimated to have cost American taxpayers some $150 billion. Given this, the plan floated yesterday by the Obama Administration to charge a “fee” (read tax) on financial institutions to cover losses … More