Moving
Odell Beckham Jr. Next Team Minnesota 83% ▲+81De boer vs Kashyrina Jinte Eve De boer 97% ▲+47Yannick Hanfmann vs Kamil Majchrzak: Set 1 Winner Kamil Majchrzak 96% ▲+39Who will Trump speak to by October 31? Vladimir Putin 92% ▲+39Trungelliti vs Sakamoto Rei Sakamoto 88% ▲+39Zhizhen Zhang vs Tomas Machac: Set 2 Winner Zhizhen Zhang 68% ▲+34María Corina Machado enters Venezuela by...? October 31 49% ▲+33Republican House odds hit __ by October 31? ↓ 7% 62% ▼−32Pro Football Championship Halftime Show: Headliner… Miley Cyrus 19% ▼−31US strike on Colombia by...? Yes 45% ▲+30South Africa Annual Inflation 2026 >5.0% 64% ▲+26Pakistan military action against Yemen by...? December 31 21% ▼−26Kia Tigers vs Lotte Giants Lotte Giants 35% ▼−249z vs. FURIA FURIA 74% ▲+24
KalshiCloses March 31, 2029

How much government spending will Trump cut before his term ends?

A ladder on one number: the likeliest rung is At least 50 billion at 12% on Kalshi, as of Oct 7, 07:33 UTC. It's up 4 points in the last 24 hours.

The odds

as of Oct 7, 07:33 UTC
  • At least 1 trillion 4.8% —
  • At least $1 billion 4% —
  • At least 2 trillion 7% +6.7
  • At least 50 billion 12% +4
  • At least 100 billion 2% —
  • At least 150 billion 2% —
  • At least 200 billion 6% —
  • At least 250 billion 8% +7

A ladder: each line is its own yes/no question on the same number, in order, so the chances don't add up to 100%.

Traded today$665
Traded in all$91K
Favourite, 7 days+6.5 pts

At least 50 billion, the last 7 days

Kalshi price
25%50%75%Sep 29Oct 712%

Sep 30: 5.5% · Oct 1: 5.5% · Oct 2: 5.5% · Oct 3: 5% · Oct 4: 5.5% · Oct 5: 6.5% · Oct 6: 12% · Oct 7: 12%

How it resolves

Kalshi's rule, word for word
(Each outcome is its own contract. This is the rule for the favourite, At least 50 billion; the others read the same way with their own outcome.) If government spending (FGEXPND) is at least $50 billion below the Q4 2024 level in any quarter through Q4 2028, then the market resolves to Yes. Each quarter from Q1 2025 to Q4 2028 is compared against Q4 2024.

Settlement sources: FRED

See it on Kalshi ↗

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