Romina Boccia is director of budget and entitlement policy at the Cato Institute, where she specializes in federal spending, budget process, economic implications of rising debt, and Social Security and Medicare reform. Boccia was previously director of the Grover M. Hermann Center for the Federal Budget at the Heritage Foundation, where she was the principal author of the organization’s flagship budget plan: Blueprint for Balance. She also contributed chapters to the book A Fiscal Cliff: New Perspectives on the U.S. Federal Debt Crisis and the peer‐​reviewed publication Homo Oeconomicus: Journal of Behavioral and Institutional Economics.