The probability of "Polymarket" that the "Department of Homeland Security of the United States will be closed for more than 60 days" has risen to 75%, increasing by 37% in 24 hours.

Gate News reports that on March 28, the U.S. House of Representatives passed a temporary Department of Homeland Security funding bill aimed at ending the government shutdown and has sent it to the Senate. The probability on Polymarket for “the Department of Homeland Security shutdown lasting more than 48 days” has risen to 92%, up 31% in 24 hours; the probability for “the Department of Homeland Security shutdown lasting more than 52 days” has risen to 54%, up 12% in 24 hours; the probability for “the Department of Homeland Security shutdown lasting more than 60 days” has risen to 75%, up 37% in 24 hours. As of now, the trading volume for this event contract has exceeded $1.1 million.

The bill provides each agency under the Department of Homeland Security with funding at current levels until May 22, marking the latest attempt to end the partial government shutdown that began on February 14. The bill was passed in the House with 213 votes in favor and 203 against, with three Democratic representatives voting in favor and the rest being Republicans. However, it is expected to fail in the Senate, potentially prolonging the deadlock over the partial government shutdown. Before the House passed this version of the funding bill, the Senate rejected a previous version. House Speaker Johnson stated that Republicans will not participate in any measures to reopen the border or halt immigration enforcement.