Summary
The U.S. federal government has been shut down since October 1 because Congress has not agreed on a funding bill. Currently, betting odds suggest the shutdown could last until mid-November. Both political parties have not reached a deal due to disagreements, particularly on health care funding.
Key Facts
- The government shutdown began on October 1 due to no agreement on a funding bill.
- Polymarket betting odds show a 38% chance the shutdown will last until November 16.
- The Senate filibuster means 60 votes are needed to pass funding bills.
- Republicans control both the House and Senate but need bipartisan support to advance bills.
- Democrats want more health care funding, while Republicans support a bill passed by the House.
- Only two Democrat senators have voted for the current bill to end the shutdown.
- Nearly $500,000 has been bet on the reopening date of the federal government on Polymarket.
- Kalshi odds suggest a 70% chance the shutdown will last at least 35 days, potentially becoming the longest in U.S. history.
