The United States is currently at risk of hitting and then breaking the debt ceiling. While the general consensus among rational people is that this would be rather bad, congress (as I am writing) has yet to settle the matter.
On the one hand, raising the debt ceiling seems to be a no-brainer. After all, doing so has been business as usual and it has been done most often under Republican presidents. More importantly, the consequences of not doing so are supposed to be rather bad-hence it would seem to make sense t0 simply follow the usual process and raise the ceiling.
On the other hand, there are some legitimate concerns about simply raising the debt ceiling. First, the mere fact that it has been done repeatedly in the past is hardly a good reason to do it now. To believe that what is commonly done is right because it is commonly done is, of course, the classic fallacy of appeal to common practice. To believe that something should be done because it has been done in the past and is thus something of a tradition is, of course, the fallacy of appeal to tradition. That said, it is still reasonable to ask (as a legitimate use of burden of proof) why the established policy should be changed now. This leads to the second point.
Second, think of the national debt as being analogous to a bar tab and Americans as heavy drinkers. Like a regular at a bar, we have simply raised our tab over and over again. However, there seems to come a time (perhaps now) when the barkeep should insist that the tab not increase again and that it be paid off. To insist on just raising the tab and continuing to drink the future is to act, obviously enough, like a selfish and thoughtless drunk. The responsible and correct thing to do is not ask for a bigger tab limit and to pay off the existing debt. Likewise, America needs to sober up, set a reasonable debt ceiling and pay off that debt. After all, we want to be a great nation and not that pathetic drunk in the corner, begging for booze and money.