SimpleFunctions
Winner-take-all · 9 outcomes9 contractsKalshirefreshed 1 min agoCloses Mar 31, 2029 · 1057d

Will government spending decrease by 1000 before 2026

Leader sits at 6% across 9 bound outcomes, runner-up at 6%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

6%

At least 250 billion

runner-up 6¢leader 6¢

Outcomes

9

winner-take-all

Runner-up

At least 250 billion

Spread

0pp

contested

24h volume

$140

thin orderbook

Closes

Mar 31, 2029

1057 days

Venue

Kalshi

9 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayAt least 250 billion: 6% (18 days, 4 points)At least 250 billion: 6% on 2026-05-08At least 250 billion: 6% (18 days, 9 points)At least 250 billion: 6% on 2026-05-06At least 500 billion: 5% (18 days, 12 points)At least 500 billion: 5% on 2026-05-08
At least 250 billion6¢At least 250 billion6¢At least 500 billion5¢
Top 3 candidates by current price · 18d

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.

Analysis

This contract asks whether total U.S. government spending will decrease by at least $1 trillion before the end of 2026. At 35% probability, the market suggests this outcome is unlikely but not implausible. Government spending typically grows year-over-year due to mandatory entitlements, interest on debt, and baseline appropriations. A $1 trillion reduction would require either dramatic policy changes, a recession triggering automatic spending cuts, or a major shift in congressional priorities. The current probability reflects skepticism that such a large contraction would occur within months. Resolution depends on comparing total outlays in fiscal 2026 to the prior year, making the outcome contingent on legislative action and economic conditions through September 2026.

  • Year-over-year government spending has grown in most recent fiscal periods, with mandatory spending on Social Security and Medicare comprising roughly two-thirds of the budget
  • A $1 trillion reduction represents approximately 20-25% of annual discretionary spending, requiring either emergency budget measures or major entitlement reform
  • Congress must pass appropriations bills and debt-ceiling measures through fiscal 2026; gridlock or failure to act typically results in continued spending levels rather than cuts
  • Recession or financial crisis could trigger sequestration or automatic spending reductions, but current economic conditions would need significant deterioration
  • The resolution date is end of fiscal 2026 (September 30, 2026), roughly five months away, limiting time for major legislative changes

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Adjacent prediction questions.

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.

Last updated on this page: 1 min ago.