# Eliminating the Debt Limit Is a Reckless Move 

December 19, 2024 • News Releases 

Cato Institute Director of Budget and Entitlement Policy [Romina Boccia](https://www.cato.org/people/romina-boccia) is available for interviews in light of President-elect Trump’s call to abolish the debt ceiling.

Boccia passed along the following statement:

> Scrapping the debt limit would be a reckless move that goes against the very idea of what Trump’s Department of Government Efficiency is supposed to achieve: fiscal restraint.
> 
> Congress should not repeal but replace the debt limit with a smarter tool like a business-cycle balanced budget amendment that is modeled after the Swiss debt brake, which ties spending to economic growth and ensures fiscal discipline.
> 
> The debt limit has driven every major deficit reduction deal since 1985, from the Budget Control Act to the 2023 Fiscal Responsibility Act—proving its worth as a check on runaway debt.

Boccia wrote a blog on automatic debt limit increases which you can read [here](https://www.cato.org/blog/automatic-debt-limit-increases-fastrack-fiscal-ruin).

If you would like to speak with Boccia on this issue, please [contact me](mailto:eadamec@cato.org) to set up an interview.

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