Market Context by Polymarket
The Congress pay raise removed from funding bill by Friday? market on Polymarket prices the likelihood of each possible outcome as an implied probability. Yes currently leads at 100%, ahead of No at 0%. The market resolves on 20 December 2024.
Cumulative volume on this market is $1.7M. You can explore live prices, the full outcome list and trader positioning in the analytics above.
How this market resolves?
It was reported on Dec 18 that some lawmakers are not happy with the fact that the continuing resolution (CR) includes a pay bump (see https://www.politico.com/live-updates/2024/12/18/congress/congress-pay-raise-increase-00195089). This market will resolve to "Yes" if congress's pay raise is removed from the CR, i.e. language blocking a congressional pay raise is restored, by December 20, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No." This market will resolve based on whether the language is re-added in the CR at any point, regardless of if the CR eventually passes or not. The primary resolution source will be the text of the CR, however a consensus of credible reporting may also be used.
Frequently Asked Questions
What are the current Polymarket odds for Congress pay raise removed from funding bill by Friday??
Yes leads at 100%, followed by No at 0%. Odds reflect live trading on Polymarket.
Who is the favourite on Congress pay raise removed from funding bi?
Yes, at 100% implied probability.
How does the Congress pay raise removed from funding bill by Friday? market resolve?
The market resolves on 20 December 2024. Shares in the winning outcome settle at $1.00; all others settle at $0.00. See How this market resolves? above for the official resolution rules.
How much money is on Congress pay raise removed from funding bi?
$1.7M has traded cumulatively on this market across 2 outcomes.
Can I see who is betting on Congress pay raise removed from funding bi?
Yes. Polymarket trades are on-chain, so positions are public. Use the holders and traders views on this page to inspect wallets active in this market.
How accurate are Polymarket odds on politics?
Prediction markets have generally outperformed polling averages on US elections, particularly in the final weeks before a vote. They are weakest far out from an event, when few traders are engaged and volume is thin — check open interest before treating a long-dated price as a forecast.