As new debt limit showdown looms, lawmakers consider long-term solutions

Shai Akabas, director of economic policy at the Bipartisan Policy Center, made a similar argument recently, suggesting in an op-ed in Roll Call that one reform could involve tying the debt ceiling to the budget process and giving the president the power to suspend the debt limit if needed.

“Specifically, if Congress fails to do its job and pass a fiscally responsible budget resolution each April, the president would be empowered to suspend the debt limit until the end of the following fiscal year,” he wrote. “That action would have to be accompanied by a specific debt reduction proposal — think tax increases and spending cuts.”