{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-1WV8R9JXH3",
  "slug": "kxreccount-27",
  "question": "How many reconciliation bills will be passed in 2026?",
  "category": "politics",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "politics",
    "us-congress",
    "budget-reconciliation",
    "legislative-process",
    "2026",
    "quantitative"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track the count of federal reconciliation bills passed through January 2027. Each Kalshi contract prices a discrete outcome: zero, one, or two bills enacted. The three tiers are mutually exclusive and collectively exhaustive across plausible outcomes. Kalshi staff determination uses Library of Congress records as the authoritative source.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-2R2HYQYRL3",
  "current_primary_mark": {
    "last_price": 0.79,
    "implied_probability": 0.79
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-V0PDD4YF29",
      "event_id": "CM-EVT-1WV8R9JXH3",
      "platform": "kalshi",
      "platform_market_id": "KXRECCOUNT-27-0",
      "question": "Will 0 reconciliation bills be passed in 2027?",
      "description": "0",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "0: Library of Congress records whether the named bill category passed in the chamber specified by the market, by 2027-01-02 15:00 UTC.",
      "close_at": "2026-06-10T15:22:35Z",
      "resolve_at": "2027-01-02T15:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If 0 reconciliation bills become law in Nov 25, 2025 to Dec 31, 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Library of Congress",
        "source_status": "platform_named",
        "source_citation": "https://www.congress.gov/",
        "sources": [
          {
            "name": "Library of Congress",
            "url": "https://www.congress.gov/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Library of Congress",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 0,
      "volume_total_usd": 56.11,
      "settlement_style": "touch",
      "direction": "between",
      "threshold": 0,
      "question_id": null,
      "also_on": null,
      "tags": [
        "congress",
        "legislation",
        "reconciliation",
        "us",
        "us reconciliation bills"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-2R2HYQYRL3",
      "event_id": "CM-EVT-1WV8R9JXH3",
      "platform": "kalshi",
      "platform_market_id": "KXRECCOUNT-27-1",
      "question": "Will 1 reconciliation bills be passed in 2027?",
      "description": "1",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "1: Library of Congress records whether the named bill category passed in the chamber specified by the market, by 2027-01-02 15:00 UTC.",
      "close_at": "2027-01-02T15:00:00Z",
      "resolve_at": "2027-01-02T15:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If 1 reconciliation bills become law in Nov 25, 2025 to Dec 31, 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Library of Congress",
        "source_status": "platform_named",
        "source_citation": "https://www.congress.gov/",
        "sources": [
          {
            "name": "Library of Congress",
            "url": "https://www.congress.gov/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Library of Congress",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.79,
      "implied_probability": 0.79,
      "volume_24h_usd": 0,
      "volume_total_usd": 21886.9105,
      "settlement_style": "touch",
      "direction": "between",
      "threshold": 1,
      "question_id": null,
      "also_on": null,
      "tags": [
        "congress",
        "legislation",
        "reconciliation",
        "us",
        "us reconciliation bills"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-Q8WQ9SM629",
      "event_id": "CM-EVT-1WV8R9JXH3",
      "platform": "kalshi",
      "platform_market_id": "KXRECCOUNT-27-2",
      "question": "Will 2 reconciliation bills be passed in 2027?",
      "description": "2",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "2: Library of Congress records whether the named bill category passed in the chamber specified by the market, by 2027-01-02 15:00 UTC.",
      "close_at": "2027-01-02T15:00:00Z",
      "resolve_at": "2027-01-02T15:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If 2 reconciliation bills become law in Nov 25, 2025 to Dec 31, 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Library of Congress",
        "source_status": "platform_named",
        "source_citation": "https://www.congress.gov/",
        "sources": [
          {
            "name": "Library of Congress",
            "url": "https://www.congress.gov/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Library of Congress",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.2,
      "implied_probability": 0.2,
      "volume_24h_usd": 0,
      "volume_total_usd": 10478.464,
      "settlement_style": "touch",
      "direction": "between",
      "threshold": 2,
      "question_id": null,
      "also_on": null,
      "tags": [
        "congress",
        "legislation",
        "reconciliation",
        "us",
        "us reconciliation bills"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    }
  ],
  "resolution_log": [
    {
      "market_id": "CM-MKT-V0PDD4YF29",
      "platform": "kalshi",
      "outcome": "NO",
      "resolved_at": "2027-01-02T15:00:00Z",
      "final_price": 0.001,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    }
  ],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-1WV8R9JXH3",
    "terms": "Attribution required. clearmarket.fyi"
  }
}