Funding for the federal government is scheduled to run out at 12:01 a.m. on March 15. Unless Congress and the Trump administration reach a deal before then, the government will shut, an outcome which Polymarket has at even odds.
Ahead of this Ides of March event, Bloomberg explains that a confluence of factors is raising the risk of a shutdown: the narrow partisan margins in both houses of Congress, Republican legislators’ divergent interests, Democrats’ lack of incentive to help resolve the situation unless they receive something in return, and the Trump administration’s determination to effectively shut down most of (the extremely inefficient) government anyway.