BlockBeats News, February 10 — Last fall, the U.S. experienced a 43-day federal government shutdown, and just a week ago, there was a short 4-day shutdown. Now, another shutdown seems likely to happen. The latest shutdown appears very probable because Democrats and Republicans in Washington still disagree on potential reforms to Trump’s immigration enforcement policies.
The shutdown from January 31 to February 3 ended thanks to a bipartisan spending plan that provided only two weeks of funding for the Department of Homeland Security (DHS) and Immigration and Customs Enforcement (ICE), while negotiations on reforms are still ongoing. This temporary funding for DHS will last until Friday, meaning the department’s funding gap will begin early Saturday local time. Negotiations have not yet reached a breakthrough, so Washington is preparing for another shutdown, although it will likely be a partial shutdown since only DHS will run out of funds.
Prediction markets Kalshi estimate there is a 65% chance of a shutdown in the U.S. this weekend, while Polymarket’s estimate is 74%. (Jin10)