Flash
Polymarket probability of "Department of Homeland Security shutdown lasting more than 60 days" rises to 75% up 37% in 24 hours
The U.S. House of Representatives has passed a temporary homeland security funding bill aimed at ending the government shutdown and has sent it to the Senate. Polymarket's probability of "the U.S. Department of Homeland Security being closed for more than 48 days" rose to 92%, up 31% in 24 hours; the probability of "the U.S. Department of Homeland Security being closed for more than 52 days" rose to 54%, up 12% in 24 hours; The probability of "the U.S. Department of Homeland Security being closed for more than 60 days" rose to 75%, up 37% in 24 hours. So far, the transaction volume of this event contract has exceeded US$1.1 million. It is reported that the bill provides funding for each agency under the Department of Homeland Security at the same level as current levels until May 22, the latest attempt to end a partial government shutdown that began on February 14. The bill passed the House of Representatives with 213 votes in favor and 203 against, with three Democrats voting in favor and the rest being Republicans. Still, the bill is not expected to pass the Senate, potentially extending the deadlock over a partial government shutdown. They vetoed the Senate version of the appropriations deal before passing the House version. U.S. House Speaker Johnson said Republicans would not participate in any measure to reopen borders or stop immigration enforcement.