In the next month, will the farm bill will pass with the save our bacon act provision? Passing refers to becoming law, not just getting through the house.
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I think the actual probability here should be under 5%, probably under 1%, due to the May deadline. This market is artificially high because the title doesn't make the "before the end of May" provision clear.
The Senate isn't even on track to have a floor vote in May, let alone reconcile any differences with the House bill, pass the revised versions, and get it to Trump's desk. [Edit: also there's a Senate recess May 23-31, which gives them even less time to act.]
The current Farm Bill doesn't expire until September 30, so there's no reason for them to have a sense of urgency to get this through in May.
(None of this has any bearing on how likely the Save Our Bacon provision will go into law in the final bill, I don't have any sense of how likely that is right now.)
@DylanRichardson not sure if you saw but the description was updated, which I think answers your question.
@MatthewAdelstein is this interpretation confirmed? I am hesitant to respond accordingly because the other market on this massively changed the resolution date after the fact.
Related: https://manifold.markets/Conflux/will-the-farm-bill-with-save-our-ba
The title of this market should probably be phrased as a yes/no question rather than "how likely." e.g. "Will the Save Our Bacon Act pass before the end of May 2026?"