Congress pay raise removed from funding bill by Friday?

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.

How trading works

Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.

Resolution

Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.