Another government shutdown might happen by January 31st.

Polymarket odds of an upcoming government shutdown rose to all-time highs on Saturday after the shooting involving the death of Alex Pretti and Border Patrol agents in Minnesota.

The prediction market, which has a liquidity of close to $7 million, points now to a 74% chance that this might happen, as democrats have hardened their stance on not funding the Department of Homeland Security (DHS) after the recent incidents involving ICE enforcement over U.S. citizens.

The market indicates that it will resolve to Yes “if the U.S. Office of Personnel Management (OPM) announces another federal government shutdown due to a lapse in appropriations by January 31, 2026, 11:59 PM ET.” Otherwise, it will resolve to “No”.

While the House had already passed a funding package and a separate bill to fund the Department of Homeland Security (DHS), Senate Minority Leader Chuck Schumer stressed that he would not vote to pass the appropriations bill if DHS funding were included.

Schumer stated:

The DHS bill is woefully inadequate to rein in the abuses of ICE. I will vote no. Senate Democrats will not provide the votes to proceed to the appropriations bill if the DHS funding bill is included.

Schumer later called to break up this appropriations bill and rework the DHS funding bill with more time.

If there is no agreement on the issue, the Trump administration might be facing its second government shutdown, having already experienced the largest appropriations lapse in the country’s history on October 1st. This affected the availability of critical data, including job numbers issued by the Bureau of Labor Statistics (BLS) and the activities of many essential workers.

Read more: Bitcoin Stumbles as US Government Shutdown Looms

• What are the current odds of a government shutdown in the U.S.? Polymarket odds indicate a 74% chance of a government shutdown occurring by January 31, 2026, following recent incidents involving Border Patrol agents.

• What is causing the heightened likelihood of a shutdown? Democrats have hardened their stance against funding the Department of Homeland Security (DHS), particularly in light of recent enforcement actions by ICE.

• What would trigger the prediction market to resolve to a shutdown? The prediction market will resolve to “Yes” if the U.S. Office of Personnel Management announces a government shutdown due to a lapse in appropriations by the specified deadline.

• What has Senate Minority Leader Chuck Schumer stated about the appropriations bill? Schumer declared he would not support the appropriations bill if it included DHS funding, labeling it as inadequate and calling for a reworking of the funding proposal.

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