Market question: Congress pay raise removed from funding bill by Friday?
Category: Politics
Tags: Politics, congress, Gov Shutdown

It was reported on Dec 18 that some lawmakers are not happy with the fact that the continuing resolution (CR) includes a pay bump (see https://www.politico.com/live-updates/2024/12/18/congress/congress-pay-raise-increase-00195089).

This market will resolve to "Yes" if congress's pay raise is removed from the CR, i.e. language blocking a congressional pay raise is restored, by December 20, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No."

This market will resolve based on whether the language is re-added in the CR at any point, regardless of if the CR eventually passes or not.

The primary resolution source will be the text of the CR, however a consensus of credible reporting may also be used.

Outcome: Yes