Here is what Americans know. Americans know that when they go into debt, they don’t have the luxury of endlessly raising their own debt ceiling. Only the federal government does that.
Perhaps I'm mistaken, but I think this clearly, factually wrong. A debt ceiling is a self-imposed limit on the amount of debt one is willing to take on. But one always has the option of taking on more debt, if -- and this is the critical part -- there is a willing lender (charging interest rates you're willing to pay). That's the point behind it being "self-imposed".
Suppose I take out a loan for $10,000. A year later, I haven't finished paying off that $10,000, but I decide I want another $10,000 loan. Can I do that? Yes, of course I can -- if I can find a lender who is willing to make the loan and I'm willing and able to make interest payments.
The United States is in the same boat -- like the average family, we can take on debt so long as we have willing lenders and can make interest payments. Which there are, and we can -- indeed, interest rates on American debt are very low because the market seems to think we're good for it.
In a market-based economy, the real "debt ceiling" is a function of market forces -- you hit your limit when you can't form a transaction where the debtor can pay interest that the lender is willing to accept in exchange for the loan. The statutory debt ceiling is a governmental regulation that substitutes a centralized legislative command for basic market forces.