diff --git a/cmd/sketch/main.go b/cmd/sketch/main.go
index 726e59a..8067af7 100644
--- a/cmd/sketch/main.go
+++ b/cmd/sketch/main.go
@@ -13,7 +13,6 @@
 	"runtime"
 	"runtime/debug"
 	"strings"
-	"time"
 
 	"sketch.dev/experiment"
 	"sketch.dev/llm"
@@ -152,24 +151,22 @@
 }
 
 type CLIFlags struct {
-	addr          string
-	skabandAddr   string
-	unsafe        bool
-	openBrowser   bool
-	httprrFile    string
-	maxIterations uint64
-	maxWallTime   time.Duration
-	maxDollars    float64
-	oneShot       bool
-	prompt        string
-	modelName     string
-	llmAPIKey     string
-	listModels    bool
-	verbose       bool
-	version       bool
-	workingDir    string
-	sshPort       int
-	forceRebuild  bool
+	addr         string
+	skabandAddr  string
+	unsafe       bool
+	openBrowser  bool
+	httprrFile   string
+	maxDollars   float64
+	oneShot      bool
+	prompt       string
+	modelName    string
+	llmAPIKey    string
+	listModels   bool
+	verbose      bool
+	version      bool
+	workingDir   string
+	sshPort      int
+	forceRebuild bool
 
 	gitUsername       string
 	gitEmail          string
@@ -203,8 +200,6 @@
 	userFlags.StringVar(&flags.skabandAddr, "skaband-addr", "https://sketch.dev", "URL of the skaband server; set to empty to disable sketch.dev integration")
 	userFlags.BoolVar(&flags.unsafe, "unsafe", false, "run without a docker container")
 	userFlags.BoolVar(&flags.openBrowser, "open", true, "open sketch URL in system browser; on by default except if -one-shot is used or a ssh connection is detected")
-	userFlags.Uint64Var(&flags.maxIterations, "max-iterations", 0, "maximum number of iterations the agent should perform per turn, 0 to disable limit")
-	userFlags.DurationVar(&flags.maxWallTime, "max-wall-time", 0, "maximum time the agent should run per turn, 0 to disable limit")
 	userFlags.Float64Var(&flags.maxDollars, "max-dollars", 10.0, "maximum dollars the agent should spend per turn, 0 to disable limit")
 	userFlags.BoolVar(&flags.oneShot, "one-shot", false, "exit after the first turn without termui")
 	userFlags.StringVar(&flags.prompt, "prompt", "", "prompt to send to sketch")
@@ -365,8 +360,6 @@
 		ExperimentFlag: flags.experimentFlag.String(),
 		TermUI:         flags.termUI,
 		MaxDollars:     flags.maxDollars,
-		MaxIterations:  flags.maxIterations,
-		MaxWallTime:    flags.maxWallTime,
 	}
 
 	if err := dockerimg.LaunchContainer(ctx, config); err != nil {
@@ -459,9 +452,7 @@
 		return fmt.Errorf("failed to initialize LLM service: %w", err)
 	}
 	budget := conversation.Budget{
-		MaxResponses: flags.maxIterations,
-		MaxWallTime:  flags.maxWallTime,
-		MaxDollars:   flags.maxDollars,
+		MaxDollars: flags.maxDollars,
 	}
 
 	agentConfig := loop.AgentConfig{
diff --git a/dockerimg/dockerimg.go b/dockerimg/dockerimg.go
index 79d4b28..0759b22 100644
--- a/dockerimg/dockerimg.go
+++ b/dockerimg/dockerimg.go
@@ -106,9 +106,7 @@
 	TermUI bool
 
 	// Budget configuration
-	MaxDollars    float64
-	MaxIterations uint64
-	MaxWallTime   time.Duration
+	MaxDollars float64
 
 	GitRemoteUrl string
 
@@ -539,8 +537,6 @@
 		"-outside-os="+config.OutsideOS,
 		"-outside-working-dir="+config.OutsideWorkingDir,
 		fmt.Sprintf("-max-dollars=%f", config.MaxDollars),
-		fmt.Sprintf("-max-iterations=%d", config.MaxIterations),
-		fmt.Sprintf("-max-wall-time=%s", config.MaxWallTime.String()),
 		"-open=false",
 		"-termui="+fmt.Sprintf("%t", config.TermUI),
 		"-verbose="+fmt.Sprintf("%t", config.Verbose),
diff --git a/llm/conversation/convo.go b/llm/conversation/convo.go
index f4ed0bd..95e4fba 100644
--- a/llm/conversation/convo.go
+++ b/llm/conversation/convo.go
@@ -607,9 +607,7 @@
 // A Budget represents the maximum amount of resources that may be spent on a conversation.
 // Note that the default (zero) budget is unlimited.
 type Budget struct {
-	MaxResponses uint64        // if > 0, max number of iterations (=responses)
-	MaxDollars   float64       // if > 0, max dollars that may be spent
-	MaxWallTime  time.Duration // if > 0, max wall time that may be spent
+	MaxDollars float64 // if > 0, max dollars that may be spent
 }
 
 // OverBudget returns an error if the convo (or any of its parents) has exceeded its budget.
@@ -630,28 +628,15 @@
 	if c.Budget.MaxDollars > 0 {
 		c.Budget.MaxDollars += c.CumulativeUsage().TotalCostUSD
 	}
-	if c.Budget.MaxResponses > 0 {
-		c.Budget.MaxResponses += c.CumulativeUsage().Responses
-	}
-	if c.Budget.MaxWallTime > 0 {
-		c.Budget.MaxWallTime += c.usage.WallTime()
-	}
 }
 
 func (c *Convo) overBudget() error {
 	usage := c.CumulativeUsage()
 	// TODO: stop before we exceed the budget instead of after?
-	// Top priority is money, then time, then response count.
 	var err error
 	cont := "Continuing to chat will reset the budget."
 	if c.Budget.MaxDollars > 0 && usage.TotalCostUSD >= c.Budget.MaxDollars {
 		err = errors.Join(err, fmt.Errorf("$%.2f spent, budget is $%.2f. %s", usage.TotalCostUSD, c.Budget.MaxDollars, cont))
 	}
-	if c.Budget.MaxWallTime > 0 && usage.WallTime() >= c.Budget.MaxWallTime {
-		err = errors.Join(err, fmt.Errorf("%v elapsed, budget is %v. %s", usage.WallTime().Truncate(time.Second), c.Budget.MaxWallTime.Truncate(time.Second), cont))
-	}
-	if c.Budget.MaxResponses > 0 && usage.Responses >= c.Budget.MaxResponses {
-		err = errors.Join(err, fmt.Errorf("%d responses received, budget is %d. %s", usage.Responses, c.Budget.MaxResponses, cont))
-	}
 	return err
 }
diff --git a/loop/agent_test.go b/loop/agent_test.go
index 8e6a75d..30affbe 100644
--- a/loop/agent_test.go
+++ b/loop/agent_test.go
@@ -60,7 +60,7 @@
 	if err := os.Chdir("/"); err != nil {
 		t.Fatal(err)
 	}
-	budget := conversation.Budget{MaxResponses: 100}
+	budget := conversation.Budget{MaxDollars: 10.0}
 	wd, err := os.Getwd()
 	if err != nil {
 		t.Fatal(err)
diff --git a/termui/termui.go b/termui/termui.go
index b14593d..1890231 100644
--- a/termui/termui.go
+++ b/termui/termui.go
@@ -247,12 +247,7 @@
 		case "budget":
 			originalBudget := ui.agent.OriginalBudget()
 			ui.AppendSystemMessage("💰 Budget summary:")
-			if originalBudget.MaxResponses > 0 {
-				ui.AppendSystemMessage("- Max responses: %d", originalBudget.MaxResponses)
-			}
-			if originalBudget.MaxWallTime > 0 {
-				ui.AppendSystemMessage("- Max wall time: %v", originalBudget.MaxWallTime)
-			}
+
 			ui.AppendSystemMessage("- Max total cost: %0.2f", originalBudget.MaxDollars)
 		case "browser", "open", "b":
 			if ui.httpURL != "" {