SimpleFunctions
2 contractsKalshirefreshed just nowCloses Jan 2, 2027 · 238d

Will 0 reconciliation bills be passed in 2027

Liquidity-weighted aggregate sits at 48% across 2 Kalshi contracts.

Implied probability

48%
0%50%100%

Kalshi

48%

2 contracts

Polymarket

not bound

Cross-venue gap

single venue

24h move

no pin

24h volume

$1

2 contracts

Closes

Jan 2, 2027

238 days

30-day trend

0%50%100%-30d-3w-2w-1wtodayAggregate: 48% (23 days, 23 points)Aggregate: 48% on 2026-05-07
Aggregate of 2 contracts · 23d

Bracket families

2 clusters across 2 contracts.

These contracts were grouped by title similarity. The headline aggregate combines all clusters; verify the cluster you actually need before quoting a number.

Cluster 1

Will 2 reconciliation bills be passed in 2027

1 contract$1

Cluster 2

Will 1 reconciliation bills be passed in 2027

1 contract$0

Analysis

This question asks whether Congress will pass zero reconciliation bills during 2027. At 31%, the market suggests a moderate-to-low probability of this outcome. Reconciliation bills are special legislative vehicles that require only a simple majority in the Senate, making them important tools for advancing partisan priorities. The current probability reflects expectations about congressional composition and legislative priorities after the 2026 midterm elections. Factors pushing the probability higher include potential divided government or legislative gridlock; factors pushing it lower include strong incentives for the party holding Senate control to use reconciliation for tax, spending, or healthcare measures. The main resolution catalyst will be the 2026 midterm election results, which determine chamber control and legislative capacity. Throughout 2027, each month without a passed reconciliation bill increases the likelihood of the 0-passage outcome.

  • The party composition of Congress following the November 2026 midterm elections directly determines legislative leverage and incentive to deploy reconciliation bills
  • Reconciliation has been used frequently since 2017; recent precedent suggests parties in power typically attempt at least one reconciliation measure for major policy goals
  • Divided government scenarios (one party controlling House, other controlling Senate) significantly reduce the likelihood of any reconciliation passage
  • The incoming administration's priorities and political capital in 2027 will influence whether party leaders invest effort in reconciliation-eligible legislation
  • Economic conditions and urgent legislative demands in 2027 may necessitate reconciliation bills for time-sensitive fiscal or budget measures

What moved the line

  • May 618pp6270¢ · Kalshi
  • May 723pp2623¢ · Kalshi
  • May 713pp7073¢ · Kalshi

Recently closed in general

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 (48% 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.