US Government Shutdown Risk Rises to 38% Amid Budget Deadlock
The specter of another U.S. government shutdown looms larger as Congress adjourns for the holidays without resolving the budget impasse. With funding set to expire on January 31, federal operations and economic stability face growing uncertainty. Polymarket data reflects heightened anxiety, pricing the shutdown probability at 38%.
Senate leaders abandoned last-ditch efforts to pass a stopgap measure, leaving nine spending bills unresolved. Though top appropriators agreed on overall spending caps, partisan disputes over agency allocations persist. Democrats accuse Republicans of wasting months on ideological proposals rather than compromise.
Markets brace for potential turbulence as the deadline approaches. The stalemate threatens to disrupt everything from economic data releases to crypto regulation oversight at critical agencies like the SEC and CFTC.
