What's the probability of a government shutdown?
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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