Last year, America was ranked 20th in The Heritage Foundation’s Index of Economic Freedom. This year, America’s rating in the index fell five places and now stands at No. 25, behind nations such as Ireland, Canada, and Chile.

“We've been on about a decadelong decline in our economic freedom,” Terry Miller, a visiting fellow for economic freedom at The Heritage Foundation, says. (The Daily Signal is Heritage's multimedia news organization.)

Miller joins “The Daily Signal Podcast” to discuss the recently released 2022 Index of Economic Freedom, and why America is falling further behind.

We also cover these stories:

Congress releases a $1.5 trillion omnibus spending bill to fund the government.
The Kremlin accuses the United States of declaring economic war on Russia.
The federal government gets involved in cryptocurrency.

Enjoy the show!

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America's Economic Freedom Tumbles in Decadelong Decline