Will DOGE cut at least 5 agencies
Leader sits at 14% across 3 bound outcomes, runner-up at 12%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.
Leader probability
More than 5
Outcomes
3
winner-take-all
Runner-up
12¢
More than 10
Spread
2pp
contested
24h volume
$0
thin orderbook
Closes
Jul 4, 2026
56 days
Venue
Kalshi
3 bound
30-day trend
Bracket family
How the bracket ladder is priced.
Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.
Cluster 1
Will DOGE cut at least
Analysis
This contract tracks whether the Department of Government Efficiency (DOGE) initiative will result in the elimination or consolidation of at least five federal agencies. The 13% probability reflects skepticism about achieving this threshold, despite DOGE's stated mission to drastically reduce government size. Markets are pricing in substantial procedural and political obstacles: agency abolition requires Congressional approval, faces entrenched bureaucratic resistance, and involves complex statutory dependencies across government operations. The probability could rise if specific legislative proposals emerge with clear timelines, or fall if early DOGE efforts focus on smaller restructurings rather than full agency eliminations. Key uncertainty centers on how aggressively the administration pursues this goal versus managing competing priorities. Resolution depends on Congressional action and formal administrative changes, with meaningful clarity likely emerging over the next 12-18 months as specific proposals are debated.
- ›Congressional approval is required to eliminate Cabinet-level agencies or those established by statute; partisan voting margins determine feasibility
- ›DOGE has not yet publicly identified specific target agencies or submitted formal legislative proposals with implementation timelines
- ›Historical precedent: only a handful of agencies have been fully eliminated since 1980, despite multiple reform attempts across administrations
- ›Operational complexity: eliminated agencies typically require transfer of functions, assets, and personnel to other departments rather than simple shutdown
- ›Market pricing at 13% suggests traders view full elimination of 5+ agencies as unlikely within the timeframe, despite public rhetoric
What moved the line
- May 6More than 20↓3pp5→2¢ · Kalshi
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These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.
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How we compute these odds
SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.
For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.
Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.
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