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Posted at 2:49 PM ET, 02/25/2011

What's the probability of a government shutdown?

By Ariana Eunjung Cha

Congress and President Obama are bracing for a showdown as a possible government shutdown looms larger with each passing day that the budget battle remains unresolved. Federal agencies are already reviewing shutdown plans in anticipation of a closure that could begin as early as next week.

How likely is this to happen?

Intrade, a so-called prediction market that allows you to buy and sell shares based on your guess of the the outcome of hundreds of real-world events, puts the chances of a federal government shutdown at 35 percent.

By Ariana Eunjung Cha  | February 25, 2011; 2:49 PM ET
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Next: Economic Agenda: Monday, Feb. 28, 2011

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