The probability of a new U.S. government shutdown occurring by the end of this month is close to 80%.
PANews reported on January 26 that prediction market data shows there is nearly an 80% chance of a new U.S. government shutdown occurring before January 31.
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The U.S. fiscal deficit in October expanded by 42% year-on-year to $404 billion, with the current fiscal year gap expected to reach $2.2 trillion.
Data released by the U.S. Treasury Department on Thursday showed that, due to increased government spending and decreased tax revenue, the U.S. fiscal deficit reached $404 billions in October, expanding by 42% compared to the same period last year.
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