Armageddon at the end of the year. 16T and counting.

The US is faced with 2 issues.  Dealing with the 16T debt limit and the Tax Armageddon. 
Will the government do nothing and let all the tax relief expire?
1.  The President is doing nothing.
2.  The Senate has done nothing for 2 years.
3.  The House, if they did anything would it matter?  The Senate would do nothing with the law.

Wait until after the election then work on a compromise?  Would Barrack even consider a compromise.  Why wait till the last minute?

The debt limit and government shutdown.

Short-term shutdowns were fairly common prior to the perceived emergency today. There were 15 shutdowns in the 18 years from 1977 to 1995. Some lasted  a few days, some dragged on for up to two and a half weeks. Interestingly, most of these occurred under Democratic-controlled Congresses.
A government shutdown  doesn't shut down the government.  Why is everyone so afraid, is it the fear mongering of the Democrats and the transmission of the fear by the MSM? 

Government activities continue regardless of whether Congress passes a CR or not. That includes military operations, homeland security, air-traffic control, health care at Veterans Administration hospitals, law enforcement and criminal investigations, oversight of food and drug safety, nuclear safety, etc.  The IRS would continue to function under a "shutdown."
Government programs that are not subject to annual appropriations would also continue. There would be money to pay Social Security and Medicare benefits.
The administration has considerable discretion over how it handles furloughs, who would get laid off.
If the 1995 the government shut down for a short period.  Most government employees stayed at work.  During that shutdown, 78 percent of workers for the Veterans Affairs Department, HUD, and independent regulatory agencies remained on the job. Two-thirds of Commerce, Justice, and State Department employees, with slightly more than half of Interior employees and 42 percent of  Health and Human Services remained on the job.

The government still collects taxes, they just cannot borrow more money.  Shutdowns are not forever. Sooner or later, government does reopen, and everything returns to normal what ever that is,  for better or for worse.  Maybe it's time to just say no.