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Lawmakers eye down a federal spending bill deadline at the end of the month, raising the likelihood of a government shutdown if legislative negotiations aren't successful. Jeannette Lowe, Strategas Securities Managing Director of Policy Research, examines the stalemate between House Democrats and Republicans, and the economic implications of a government shutdown.

"Our current odds are very high as well — 75% chance as of today that we do have a government shutdown on October 1," Lowe states. "One of the problems with having [lawmakers] pass a continuing budget resolution — which they have done many times in the past — is that the House conservatives are currently asking for other policy provisions to be attached to it."

This post was written by Luke Carberry Mogan.