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Markets bet on whether Congress defunds NPR before 2026

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Kalshi has reported 5,449 in volume over the last 24 hours on their market for “Congress defunds NPR before 2026?”, making it one of the hottest markets on the platform today.

The market currently is implying a 21% chance for "Before 2026", which is neutral from yesterday, when the market implied a 21% probability.

If a bill becomes law before Jan 1, 2026 that defunds NPR, the market resolves to Yes.

In total, this market has seen a volume of 189,832 transactions since it was first opened on April 26, 2024. There are 46,699 positions of open interest in this market, and the overall liquidity is sitting at 15,639,691 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

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