Market
Financial market reaction to the passage of the funding extension and disaster aid package
1
Resolution / Starting Odds
Positive reaction (indices rise) • 33%
Negative reaction (indices fall) • 33%
Neutral reaction (little change) • 34%
Stock market indices and financial news reports
Story
House Republicans Agree on Clean Three-Month Funding Extension, $110B Disaster Aid, and Debt Limit Suspension Until 2027
Dec 19, 2024, 08:44 PM
House Republicans have reached a deal to avert a government shutdown, which includes a clean three-month extension of government funding, a two-year suspension of the federal debt limit until January 2027, and $110 billion in disaster aid. The package also includes a clean farm bill extension, clean health extenders without pharmacy benefit manager (PBM) reform, and a reset of the Paygo scorecard to zero. The agreement does not include changes to E15 ethanol rules. This spending plan is set to be voted on in the House tonight.
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Similar markets
Minor change (+/- 5%) • 25%
Significant increase (>5%) • 25%
Significant decrease (>5%) • 25%
Other • 25%
Market rises by over 10% • 25%
Market falls by over 10% • 25%
Market falls by 0-10% • 25%
Market rises by 0-10% • 25%
Passed • 25%
Amended • 25%
Postponed • 25%
Rejected • 25%
Bipartisan support • 25%
Leadership influence • 25%
Amendments made • 25%
Partisan opposition • 25%
Bill passes unchanged • 25%
Bill passes with amendments • 25%
Bill fails to pass • 25%
Bill delayed beyond January 31, 2025 • 25%
Passes with majority support • 25%
Not voted on by deadline • 25%
Fails to pass • 25%
Passes with narrow margin • 25%
Rejected • 33%
Pending • 34%
Approved • 33%