SimpleFunctions
Winner-take-all answer·2 source contracts·Kalshi 2·refreshed just now·Closes Jan 1, 2027 · 210d

Will legislation that funds ICE's Enforcement and Removal Operations (ERO) become law before Jan 1, 2027

Leader sits at 91% across 2 bound outcomes, runner-up at 88%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

91%

Before Jan 1, 2027

runner-up 88¢leader 91¢

Outcomes

2

winner-take-all

Runner-up

88¢

Before Jul 1, 2026

Spread

3pp

contested

24h volume

$4K

modest

Closes

Jan 1, 2027

210 days

Venue

Kalshi

2 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayBefore Jan 1, 2027: 91% (28 days, 16 points)Before Jan 1, 2027: 91% on 2026-06-02Before Jul 1, 2026: 89% (28 days, 26 points)Before Jul 1, 2026: 89% on 2026-06-05
Before Jan 1, 202791¢Before Jul 1, 202689¢
Top 2 candidates by current price · 28d

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 prediction reflects a 95% probability that Congress will pass legislation funding ICE's Enforcement and Removal Operations before January 1, 2027. ICE's ERO typically receives appropriations through broader Homeland Security funding bills or continuing resolutions that pass routinely each fiscal year. The high probability reflects the historical pattern of bipartisan support for ICE funding through appropriations processes, regardless of political disagreements over immigration policy. Key uncertainty factors include whether funding delays occur due to broader budget negotiations, whether a government shutdown happens before year-end, or whether legislative disputes over immigration enforcement prioritize alternative funding mechanisms. The main resolution catalyst is the appropriations cycle deadlines, particularly any September 2026 fiscal year-end negotiations when Congress must renew funding or pass continuing resolutions.

  • ICE ERO funding has passed with bipartisan support in appropriations bills for decades, suggesting structural likelihood of passage
  • The current fiscal year timeline creates pressure for appropriations passage by September 30, 2026, well before the January 1, 2027 deadline
  • Any government shutdown or continuing resolution impasse could delay passage but would not necessarily prevent eventual funding before year-end
  • The 54¢ price on a June 1, 2026 resolution deadline suggests market expects passage before mid-year, indicating near-term legislative action
  • Historical pattern shows ERO funding rarely becomes a primary legislative dispute point compared to broader immigration policy debates

What moved the line

  • Jun 1Before Jul 1, 20269pp6978¢ · Kalshi
  • Jun 4Before Jul 1, 20269pp8291¢ · Kalshi
  • Jun 2Before Jan 1, 20273pp8891¢ · Kalshi

Recently closed in legislation

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

Lateral coverage

Thin contract — here's where the deeper coverage is.

This page aggregates 2 contracts (91% headline). At low contract count, the price reflects two participants’ opinions, not a market consensus. The links below are heavier related questions where the orderbook signal is real.

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: just now.