This is one aspect I don't always agree with entirely. Just as an individual can benefit by financing a house with a loan... the government can do the same for worthwhile projects.

For sure. Debt has its uses, not inherently a bad thing. Could be financial debt, could be technical debt in doing an engineering project, etc. But I think it's still a fair analogy to see it as a "future tax on resource 'X'."

If I take a mortgage out on a house, I have a plan for how it fits into my finances and when it will be paid off. From a project management perspective, if I'm going to give a green light to accruing technical debt on a project I have to plan for when I'm going to circle back and invest the time in "paying it off."

From a political standpoint, likewise, I think being responsible about both inheriting an existing deficit, and spending more on it, is having a plan for paying it down.