I wish they would replace the debt limit with something more sensibly designed like the German (or Swiss) debt brake ('Schuldenbremse').

See https://en.wikipedia.org/wiki/German_balanced_budget_amendme...

The American debt limit regularly shuts down the government, but debt still keeps piling up. The German debt brake doesn't seem to shut down the government, but actually lead to a substantial drop in the debt-to-gdp ratio.