The probability of a US government shutdown this month has skyrocketed to 80% on Polymarket

The probability of another US government shutdown on Polymarket this month has been increasing since 0:00 today (UTC+8), soaring from less than 10% to a peak of 80%, with market trading volume exceeding $4.66 million. Chuck Schumer, the Democratic leader of the United States Senate, stated that unless Republicans agree to remove funding related to the Department of Homeland Security, it will prevent the passage of a large-scale appropriations bill. The US House of Representatives passed the bill on Thursday, and lawmakers will leave Washington until the government shutdown deadline on January 30th before returning. Any modifications will require House members to return and vote again.