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Will FISA Section 702 reauthorization become law this year?
18%
Agent
20%
Market Price
-1.5%
Edge
50%
Confidence
110,426
Volume
1.0c
Spread
75
Days to resolution
15
Markets in event
final rationale
Mean of 2 draws (0.18, 0.18). (0) Resolution check: no source shows a qualifying law. Section 702 has been lapsed since June 12, 2026. The only 2026 enactments were 10-day and 45-day patches. The House-passed 3-year S.1318 died in the Senate, and Cotton's 3-year bill failed cloture 47-52. The H.R.22 page the rules name is actually the SAVE Act, so it cannot settle the question.
(a) About 10.5 weeks remain. Congress is out until Nov 9 and the lame duck runs to roughly Christmas, so there are only a few legislative weeks.
(b) If nothing changes, the answer is No. Collection continues under FISC certifications until about March 2027, which lets leaders punt to the new Congress. The Senate did nothing even after Clayton's confirmation removed the Pulte objection.
(c) NO scenario: the NDAA stays stalled or passes without a 702 title, and reform blocs in both parties block a clean rider. Or a law passes with a 3-year or 18-month term that the resolver does not count. Or signing slips into January.
(d) YES scenario: there are lame-duck reports of a 702 rider on the NDAA or the December funding bill, plus ODNI's Thanksgiving deadline. A post-Pulte deal with Democrats on modest reforms then gets a reauthorization signed before Dec 31, with a two-year term or a lenient reading of the term.
The market's 20% (up 8.5 points this week, possibly on lame-duck rider chatter) looks roughly right. I shade slightly lower for the term-length ambiguity and the Senate's 60-vote problem.
price vs. prediction
market price
agent forecast at t+0
1 follow-up
re-scan context
This market has been scanned before. Previous predictions:
| date | predicted | market price | confidence |
|---|---|---|---|
| 2026-10-07 | 10% | 10% | 66% |
| 2026-09-16 | 19% | 12% | 52% |
| 2026-08-27 | 12% | 13% | 66% |
1. Planner Opus 5.5 · picks the research tools
Tools chosen:
polymarket_direct
resolution_source
congress_bills
kalshi_related
polymarket_related
article_search
Planner reasoning
Section 702 expired in April 2026 under the RISAA sunset, so the question is whether a two-year reauthorization becomes law before the end of 2026. Polymarket direct gives the price anchor, and the resolution source shows H.R.22 status. congress_bills tracks other FISA 702 vehicles and chamber actions, and the related markets on both venues give cross-market signals. A targeted search covers the specifics of any short-term extension and its expiry.
2. Research parallel tool calls + 4 web research loops (Sonnet 5.5) · read raw by the forecasters
at a glance
RESEARCH DIGEST (built in code: tool summaries and each report's bottom line; the forecasters read the full tool outputs and reports)
Tools
- polymarket_direct: ## This Market's Polymarket Data **Will FISA Section 702 reauthorization become law this year?** - Current price (probability): 20.00% (live; bid 19% / ask 21%) - 7-day price change: +8.50% - 30-day price change: +6.50% - Total volume: $110,426 (USD notional) - Price range: 9.50% - 26.50% - Data points: 89 days
- resolution_source: already_resolved=unclear; matches_criteria=False; last_updated=2026-10-16 (Brennan Center page, shown as updated 2 days ago); CRS sidebar dated 2026-06-22. The named Congress.gov page (H.R.22) loads in a browser, but it is the SAVE Act, not a FISA bill, so it says nothing about the outcome. Credible secondary sources show Section 702 and all of FISA Title VII lapsed on June 12, 2026. The 2026 laws
- congress_bills: Found 5 bills matching 'FISA Section 702 reauthorization'.
- kalshi_related: 1 related markets / summaries. keyword 'FISA': no matches | keyword 'Section 702': ok
- polymarket_related: Polymarket search over 2 keyword(s), kept 10 matches. keyword 'FISA': 5 markets | keyword 'Section 702': 5 markets
- article_search: Fetched 15 unique articles across 2 queries (lookback=45d). 'Section 702 short-term extension expiration date 2026': 8 articles | 'FISA 702 reauthorization House Senate vote October 2026': 8 articles
Research loops, bottom lines
- current state: As of Oct 18, Section 702 has been lapsed since June 12 with no reauthorization enacted. The only identified path is a rider on the NDAA or another must-pass bill in the lame-duck session, and the 2026 vehicles all had terms other than two years. The March 2027 recertification cliff removes urgency, and the criteria's "two years" wording could matter if a three-year bill passes.
- base rate: Historically, Section 702 has been reauthorized every cycle, usually at or just after the deadline, often via short-term patches or must-pass vehicles. This cycle is different. It has already lapsed once, and the House rejected an extension in June. The apparent NDAA vehicle (December timing) and the soft March 2027 deadline cut both ways. The "two-year" wording adds resolution risk.
- yes case: The strongest YES case is that the Nov 9–Dec 31 lame duck has must-pass vehicles, ODNI's Thanksgiving ask, and a post-Pulte opening for Democrats. YES needs a deal on reforms and a term of exactly two years.
- no case: The No case rests on five factors: an already-failed 60-vote Senate path, a short post-election window of about 6 weeks, a stalled NDAA that is the only identified vehicle, a March 2027 cliff that allows delay, and a "two-year" clause that most 2026 proposals (3 years) would miss. Status quo inertia has held since June 12 with no Senate action even after the Pulte objection ended.
tools
| tool | status | time | items | summary |
|---|---|---|---|---|
| polymarket_direct | OK | 0.8s | 1 | ## This Market's Polymarket Data **Will FISA Section 702 reauthorization become law this year?** - Current price (probability): 20.00% (live; bid 19% / ask 21%) - 7-day price change: +8.50% - 30-day price change: +6.50% - Total volume: $110,426 (USD notional) - Price range: 9.50% - 26.50% - Data po |
| resolution_source | OK | 18.6s | 1 | already_resolved=unclear; matches_criteria=False; last_updated=2026-10-16 (Brennan Center page, shown as updated 2 days ago); CRS sidebar dated 2026-06-22. The named Congress.gov page (H.R.22) loads in a browser, but it is the SAVE Act, not a FISA bill, so it says nothing about the outcome. Credible |
| congress_bills | OK | 1.6s | 5 | Found 5 bills matching 'FISA Section 702 reauthorization'. |
| kalshi_related | OK | 5.1s | 1 | 1 related markets / summaries. keyword 'FISA': no matches | keyword 'Section 702': ok |
| polymarket_related | OK | 0.7s | 10 | Polymarket search over 2 keyword(s), kept 10 matches. keyword 'FISA': 5 markets | keyword 'Section 702': 5 markets |
| article_search | OK | 0.4s | 15 | Fetched 15 unique articles across 2 queries (lookback=45d). 'Section 702 short-term extension expiration date 2026': 8 articles | 'FISA 702 reauthorization House Senate vote October 2026': 8 articles |
research loops
·
4/4 ok ·
17 searches ·
0 page reads
| dimension | status | time | searches | page reads | report |
|---|---|---|---|---|---|
| current state | OK | 21s | 4 | 0 | 4441 chars |
| base rate | OK | 22s | 5 | 0 | 4415 chars |
| yes case | OK | 20s | 4 | 0 | 4166 chars |
| no case | OK | 23s | 4 | 0 | 5833 chars |
report: current state
- [2026-10-16] The Brennan Center updated its explainer. It says Section 702 "expired in June" and that Congress "will soon vote" on reauthorization. It says reform opponents now claim Congress must act by this November. It says the administration is trying to attach a reauthorization to a must-pass defense spending bill. Brennan, an advocacy group that opposes a clean extension, says Congress only needs to act by March 17, 2027 to avoid a lapse in collection. https://www.brennancenter.org/our-work/research-reports/section-702-foreign-intelligence-surveillance-act
- [2026-10-13] Washington Times: Section 702 is still lapsed. The Senate never took up Cotton's three-year bill, because Democrats blocked any renewal. Jay Clayton was confirmed as DNI at the end of July, replacing Pulte, which removed the Democrats' stated objection. The Senate still did not move. Senators Rounds (R) and Kelly (D) both say reauthorization is still a priority. (Full page blocked; read via search snippet only.) https://www.washingtontimes.com/news/2026/oct/13/world-not-end-doomsday-warnings-fisa-lapse-proven-wrong/
- [2026-09-17] Brennan Center post: collection will not lapse if Section 702 is reauthorized by March 2027. The FISC recertifications run to about March 2027. https://www.brennancenter.org/our-work/research-reports/section-702-foreign-intelligence-surveillance-act-fisa-2026-resource-page
- [2026-07-29] A coalition of more than two dozen groups urged Congress to enact safeguards "regardless of who serves as DNI". Clayton was confirmed as DNI at the end of July. https://www.brennancenter.org/our-work/research-reports/section-702-foreign-intelligence-surveillance-act-fisa-2026-resource-page
- [2026-06-11/12] The House rejected H.R. 9238, a short extension to July 2, by 198-218 under suspension of the rules. Democrats objected to Trump installing Bill Pulte as acting DNI. Section 702 lapsed at midnight June 12, the first lapse since 2008. Senate fast-track attempts also failed. https://www.axios.com/2026/06/11/fisa-section-702-expiration-pulte-trump-johnson
- [2026-06-12] Reports say the FISC recertified 702 collection through March 2027, so some operations continue legally despite the lapse. (EFF-sourced secondary report.) https://legaltechdigest.com/news/section-702-expiration-ends-nsa-fbi-warrantless-surveillance-powers
- [2026-04-30] Congress passed a second short-term extension of 45 days. The Senate was unanimous and the House voted 261-111. This followed a 10-day patch signed April 18. https://www.cnbc.com/2026/04/30/fisa-section-702-congress-extension.html
- [2026-04-29] The House passed S. 1318 by 235-191, extending 702 for three years. It carried a CBDC-ban rider and was not taken up by the Senate. Thune said a warrant requirement is "not happening". https://www.nextgov.com/policy/2026/04/house-passes-3-year-fisa-702-extension/413223/
- [2026-04-29] Punchbowl reported the Senate planned to ignore the House bill. Cato reported that Thune secured cloture on Cotton's S. 4344, a three-year bill with no reforms. Cotton's bill never passed. https://punchbowl.news/article/house/senate-jam-house-fisa-bill/
- [Undated, around April 2026] Trump supports reauthorization, and the White House asked for a clean extension. Jordan reversed his position and now supports reauthorization without a warrant requirement. https://www.axios.com/2026/04/13/white-house-fisa-reauthorization-mike-johnson
- [2026-10-18] Resolution wording: the market requires a two-year reauthorization. Every 2026 vehicle I found was 18 months or three years, or a short patch. I could not confirm whether a three-year bill would count. Nothing found shows a qualifying law enacted. The first lines of the Brennan Center explainer (updated 2026-10-16) still describe 702 as expired and awaiting a vote.
BOTTOM LINE: As of Oct 18, Section 702 has been lapsed since June 12 with no reauthorization enacted. The only identified path is a rider on the NDAA or another must-pass bill in the lame-duck session, and the 2026 vehicles all had terms other than two years. The March 2027 recertification cliff removes urgency, and the criteria's "two years" wording could matter if a three-year bill passes.
NOT FOUND: the congress.gov status page for H.R. 22 (blocked, 403); the full Washington Times article (403); any confirmed scheduled floor vote or NDAA text with a 702 provision; any news from Oct 11-18 beyond the Brennan update.
report: base rate
- [2026-10-16] Brennan Center (updated explainer) says Section 702 lapsed in June and that Congress "will soon vote" on reauthorization. It says reform opponents now claim Congress must act by November. It says the administration is trying to attach a reauthorization without meaningful reforms to a must-pass defense spending bill (the NDAA, by implication). It argues Congress only needs to act by March 17, 2027, because the FISA Court certifications keep collection going. This is an advocacy source, not a neutral one. https://www.brennancenter.org/our-work/research-reports/section-702-foreign-intelligence-surveillance-act
- [2026-09-17] The Brennan resource page lists a post titled "Section 702 Surveillance Authority Will Not Lapse if Reauthorized by March 2027." Its index shows no enacted long-term reauthorization as of that date. https://www.brennancenter.org/our-work/research-reports/section-702-foreign-intelligence-surveillance-act-fisa-2026-resource-page
- [2026-06-12] The statute lapsed after the House rejected a short-term extension (H.R. 9238, to July 2) by 198-218 under suspension. One source calls this the first lapse since 2008. Collection continues under the existing FISC certifications. https://www.recordinglaw.com/news/fisa-section-702-surveillance-lapse/
- [2026-06-11] Roll Call confirms the 198-218 House vote rejecting the short-term patch. https://rollcall.com/2026/06/11/house-vote-puts-surveillance-authority-on-path-to-lapse/
- [2026-04-29] The House passed S. 1318, a three-year extension with a CBDC-ban rider, by 235-191. It then stalled in the Senate. Senate Majority Leader Thune said the CBDC ban would not go alongside FISA. https://thehill.com/homenews/house/5856102-warrantless-spy-powers-fisa-702/ and https://5calls.org/issue/fisa-section-702-fbi-surveillance/
- [2026-04-30] Congress passed and the President signed a 45-day clean extension to June 12. The House vote was 261-111. This followed a 10-day extension signed April 18. https://www.cnbc.com/2026/04/30/fisa-section-702-congress-extension.html
- [2026-04-17] Roughly 20 House Republicans sank both a five-year renewal and Trump's preferred 18-month clean extension. Short-term patches were the only measures that passed. https://stateofsurveillance.org/news/fisa-702-10-day-extension-2am-vote-april-30-deadline-2026/
- [2024-04-20] Historical reference class: every prior reauthorization (2008 enactment, 2012, 2018, 2024) was enacted at or just after its sunset. 2024 used a short extension and then passed 60-34 about a day after the deadline, as the Lawfare account of the 2024 reauthorization describes. 2018 passed in January after a short-term extension. Before 2026 there had never been an unreauthorized sunset. Lawfare describes the 2024 two-year term as the shortest ever. https://www.lawfaremedia.org/article/fisa-section-702-reauthorized-for-two-years
- [2026-06] The 2026 cycle is harder than 2024 because a reform bloc in both parties can block a clean bill. An explainer cites the 2024 warrant-amendment vote failing 212-212. https://proton.me/blog/fisa-702-expiring-surveillance-reform
- [2026-06] Senate Intelligence chair Cotton and Judiciary chair Grassley asked State to plan for the loss of Title VII authority, including a possible executive order. That suggests leaders were preparing for an extended lapse. https://www.congress.gov/crs-product/LSB11444 (cited from the search snippet; the page returned 403 when fetched)
- [Resolution wording] The question requires a "two-year" reauthorization. The House-passed bill was three years, and earlier proposals were 18 months or five years. A bill of a different length might not count, so the resolver's reading of this matters. I did not check how this has been handled. Qualifying law cites P.L. 118-49 only as an example.
BOTTOM LINE: Historically, Section 702 has been reauthorized every cycle, usually at or just after the deadline, often via short-term patches or must-pass vehicles. This cycle is different. It has already lapsed once, and the House rejected an extension in June. The apparent NDAA vehicle (December timing) and the soft March 2027 deadline cut both ways. The "two-year" wording adds resolution risk.
NOT FOUND: Any current Polymarket, Kalshi or expert probability estimates; the NDAA text or its schedule; news from the last two weeks beyond the Brennan update; the Congress.gov status page for H.R. 22.
report: yes case
YES means: a bill reauthorizing FISA Title VII (including Section 702) for two years passes both chambers and becomes law by 11:59 PM ET on Dec 31, 2026.
- [2026-10-13] ODNI has reportedly told lawmakers that Congress must reauthorize 702 by Thanksgiving. That would give the administration time to prepare its recertification case for the FISC. This is a concrete administration-set deadline inside the lame-duck window. It comes from a Washington Times snippet, and the full page returned 403. https://www.washingtontimes.com/news/2026/oct/13/world-not-end-doomsday-warnings-fisa-lapse-proven-wrong/
- [2026-09-30] A lame-duck agenda lists FISA 702 next to the NDAA among items Congress is expected to address. Both chambers return Nov 9. Funding runs out Dec 11, which forces a must-pass vehicle. Fetched page. https://www.asaonline.com/2026/09/30/prospects-for-the-lame-duck-session/
- [2026-10-14] No Labels says the lame duck runs until about Christmas. The NDAA stalled in the Senate in July, and leaders expect a post-election deal. It notes that Congress has passed an NDAA for more than six decades. (Snippet only; page 403.) https://nolabels.org/the-latest/the-2026-lame-duck-session-what-congress-still-has-to-pass-after-the-midterms/
- [2026-10-14] Cato reports "rumblings" of efforts to reauthorize 702 in the lame duck by attaching it to the NDAA or another must-pass bill. Even an opponent of the idea expects it. https://www.cato.org/multimedia/events/domestic-foreign-electronic-surveillance-nexus
- [2024-04-20] Precedent for a two-year term: the 2024 law (P.L. 118-49) was a two-year reauthorization passed 60-34 after a last-minute standoff. Cutting a deal under pressure has worked before. https://fortune.com/2024/04/20/spy-program-fisa-surveillance-act-section-702-fbi-senate-vote
- [2023-12] Precedent for 702 riding on the NDAA: the FY2024 NDAA carried a short extension, to Apr 19, 2024. https://lofgren.house.gov/sites/evo-subsites/lofgren.house.gov/files/evo-media-document/Oppose%20DOJ%20Bypassing%20Congress%20in%20Extending%20FISA%20Section%20702_0.pdf
- [2026-06-15] The Senate GOP majority leader wants to move 702 stand-alone and expects Trump would likely sign a clean bill. Thune cited the SAVE Act linkage as unrealistic. The main presidential veto threat is therefore soft. https://thehill.com/homenews/senate/5925177-thune-fisa-save-act
- [2026-06-05] The Senate cloture vote on the long-term bill failed 47-52, with seven Republicans opposed. Fetterman was the only Democrat in favor. The Pulte-driven Democratic block is the main thing the Clayton confirmation removed. If Democrats rejoin, the bill clears 60 without the GOP holdouts. https://rollcall.com/2026/06/05/fisa-reauthorization-stalls-in-early-morning-senate-vote/
- [2026-07-28] Clayton was confirmed 51-47, with a party-line vote. Warner said "nothing has changed". Democrats' reasons for blocking have shifted to reforms. That shows the standoff can be traded for modest reforms. https://www.techtimes.com/articles/321911/20260728/senate-confirms-jay-clayton-intelligence-chief-section-702-deadlock-holds.htm
- [2026-07-29] Schumer said that many Democrats want to get 702 enacted, but it needs some reforms. That points to a possible compromise on reforms plus a term. https://www.deseret.com/politics/2026/07/29/clayton-nomination-mean-for-fisa-authorization/
- Path to YES: a post-election deal attaches a 702 title to the NDAA or the December funding bill. It would probably include modest reforms and a term. It must clear the Senate's 60 votes and the House. The term must be exactly two years. The 2026 vehicles were 18 months or three years, so two years would be a compromise length. No two-year bill has been identified.
BOTTOM LINE: The strongest YES case is that the Nov 9–Dec 31 lame duck has must-pass vehicles, ODNI's Thanksgiving ask, and a post-Pulte opening for Democrats. YES needs a deal on reforms and a term of exactly two years.
NOT FOUND: any NDAA or appropriations text with a 702 title; any scheduled 702 vote; any two-year proposal in 2026; the full Washington Times and No Labels pages (403); the congress.gov status for H.R. 22.
report: no case
YES means: a law reauthorizing FISA Title VII, including Section 702, for two years is passed by both chambers and signed (or otherwise enacted) by Dec 31, 2026.
- [2026-10-13] The Washington Times says Congress has taken no steps to renew 702 since it lapsed June 12. Even after Clayton's confirmation removed the Democrats' stated objection, the Senate did not take up the bill. Wyden and Brennan Center counsel are pushing the line that the lapse was survivable, which weakens the pressure for a rushed fix. https://washingtontimes.com/news/2026/oct/13/world-not-end-doomsday-warnings-fisa-lapse-proven-wrong
- [2026-10-13] ODNI reportedly told lawmakers that Congress must reauthorize by Thanksgiving so there is time to present recertification to the FISC. Thanksgiving falls on Nov 26 and the session starts Nov 9, so this leaves about 2.5 weeks. This is a deadline claim that reform advocates dispute, and Brennan says March 17, 2027 is the real cliff. https://washingtontimes.com/news/2026/oct/13/world-not-end-doomsday-warnings-fisa-lapse-proven-wrong
- [2026-10-01] Washington Examiner (fetched): both chambers are away until after the Nov 3 election. The House left Sept 16 and the Senate left Sept 30. The administration says collection could go dark Nov 20 because of judicial review procedures. Collection is otherwise legal until March 2027. https://www.washingtonexaminer.com/news/senate/4750744/2026-elections-complicate-post-recess-to-do-list-congress/
- [2026-10-01] Thune lists 702 alongside government funding and the NDAA, which is a crowded lame-duck agenda. The Dec 11 funding expiry, a possible third reconciliation bill and a debt-ceiling issue compete for floor time. Thune doubted whether he had 50 votes for the reconciliation option. https://www.washingtonexaminer.com/news/senate/4750744/2026-elections-complicate-post-recess-to-do-list-congress/
- [2026-10-13] Lame-duck calendar: Congress returns Nov 9 and is expected to run to about Christmas, with a Thanksgiving break. The NDAA stalled in the Senate in July, and a No Labels summary says leaders expect a deal only after the election. That is only a few legislative weeks. https://nolabels.org/the-latest/the-2026-lame-duck-session-what-congress-still-has-to-pass-after-the-midterms/ (search snippet; page returned 403)
- [2026-10-01] FY27 NDAA: the House passed H.R. 8800 216-212 on Jul 22. The Senate motion to proceed to S. 4784 failed 50-46, which is short of cloture. No conference text had been filed as of Oct 1. The expected path is a four-leader text. A 702 rider would have to survive on a vehicle that has already failed once in the Senate, and the ACLU-style coalition has opposed NDAA riders before. https://www.pogo.org/analyses/pogos-fy27-ndaa-recommendations-revisited ; https://ndaa-ai-app.web.app/answers
- [2026-10-01] Even if an NDAA passes, a conference report passed in the last days of December could slip past the Dec 31 deadline or be signed in January. For comparison, the FY24 NDAA was signed Dec 22, 2023. Any 702 rider would also need 60 Senate votes, and 7 Republicans already helped sink cloture 47-52 in June. https://en.wikipedia.org/wiki/National_Defense_Authorization_Act_for_Fiscal_Year_2024 ; https://conservativeinstitute.org/politics/seven-senate-republicans-join-democrats-to-block-fisa-surveillance-reauthorization-days-before-expiration.htm
- [2026-09-18] The Hill (snippet only): a negotiated bipartisan product "flopped" in the Senate over the Pulte appointment. Privacy-minded conservatives want reforms and a CBDC ban attached. Reformers on the right keep a veto in the House, where about 20 Republicans sank the clean bills in April. House GOP margins are narrow. https://thehill.com/newsletters/the-movement/6102937-senate-gridlock-conservative-agenda/
- [2026-10-xx] Cato (a panel, undated, about 4 days old) says reformers expect an attempt to shove 702 into a must-pass bill after the midterms, and that they oppose it. It treats the effort as rumor, not a scheduled vote. https://cato.org/multimedia/events/domestic-foreign-electronic-surveillance-nexus
- [Criteria technicality] The question requires "for two years." Every 2026 vehicle was 10 days, 45 days, 18 months, 3 years or 5 years (Cotton's S. 4344 and the House S. 1318 were both 3 years). Trump asked for 18 months. A lame-duck compromise is more likely to follow the three-year Cotton or House text than to match 2024's term. A three-year law could therefore be read as non-qualifying. I found no source on how the resolver would treat this.
- [Criteria technicality] Because 702 has already lapsed, a new law would be a fresh enactment, not an extension. That is consistent with "reauthorizes", but it makes the 2-year term the only operative test. Congress.gov H.R. 22 status was not checked because the site blocks access.
- [Status quo] Collection continues under the March 2026 FISC certifications until about March 2027. The "world did not end" narrative and the March 17 date let leaders defer to the new Congress in January 2027 and avoid the lame-duck crunch. If control of the House flips, the incoming Democratic majority has its own incentive to demand reforms and wait.
BOTTOM LINE: The No case rests on five factors: an already-failed 60-vote Senate path, a short post-election window of about 6 weeks, a stalled NDAA that is the only identified vehicle, a March 2027 cliff that allows delay, and a "two-year" clause that most 2026 proposals (3 years) would miss. Status quo inertia has held since June 12 with no Senate action even after the Pulte objection ended.
NOT FOUND: any 702 text in NDAA conference drafts; any scheduled lame-duck floor vote; the congress.gov H.R. 22 page (403); full text of the Hill, No Labels and Washington Times pieces; any resolver guidance on whether a non-two-year term qualifies.
3. Forecasters 2 draws · Opus 5.5 + GPT · plain mean
claude-opus-5-5 · high effort
50% conf
| Yes | 18% |
| No | 82% |
(0) Resolution check: no source shows a qualifying law. Section 702 has been lapsed since June 12, 2026. The only 2026 enactments were 10-day and 45-day patches. The House-passed 3-year S.1318 died in the Senate, and Cotton's 3-year bill failed cloture 47-52. The H.R.22 page the rules name is actually the SAVE Act, so it cannot settle the question.
(a) About 10.5 weeks remain. Congress is out until Nov 9 and the lame duck runs to roughly Christmas, so there are only a few legislative weeks.
(b) If nothing changes, the answer is No. Collection continues under FISC certifications until about March 2027, which lets leaders punt to the new Congress. The Senate did nothing even after Clayton's confirmation removed the Pulte objection.
(c) NO scenario: the NDAA stays stalled or passes without a 702 title, and reform blocs in both parties block a clean rider. Or a law passes with a 3-year or 18-month term that the resolver does not count. Or signing slips into January.
(d) YES scenario: there are lame-duck reports of a 702 rider on the NDAA or the December funding bill, plus ODNI's Thanksgiving deadline. A post-Pulte deal with Democrats on modest reforms then gets a reauthorization signed before Dec 31, with a two-year term or a lenient reading of the term.
The market's 20% (up 8.5 points this week, possibly on lame-duck rider chatter) looks roughly right. I shade slightly lower for the term-length ambiguity and the Senate's 60-vote problem.
claude-opus-5-5 · high effort
50% conf
| Yes | 18% |
| No | 82% |
(0) Nothing shows the condition met. Section 702 and FISA Title VII lapsed on June 12, 2026, and no reauthorization of any length has been enacted since. Brennan's Oct 16 update says it is still expired and awaiting a vote. The P.L. 118-49 reference looks like text carried over from the 2024 market; the 20% price confirms traders do not treat it as resolving now. (a) About 10 weeks remain, but Congress is out until Nov 9, so the real window is roughly six legislative weeks of lame duck, with a Thanksgiving break and a crowded agenda: Dec 11 funding, a stalled NDAA, possible reconciliation. (b) If nothing changes, the result is No. There has been no Senate action since the lapse, even after Clayton's confirmation removed the Pulte objection. The FISC certifications running to March 2027 also let leaders punt to the new Congress. (c) No: the NDAA stays deadlocked or is signed without a 702 title. Reformers in the House (about 20 Republicans) and Senate (seven Republicans plus Democrats who want reforms) block a clean rider, and the issue rolls to January 2027. (d) Yes: ODNI's reported Thanksgiving deadline and Cato's 'rumblings' produce a leader-negotiated 702 title with modest reforms, attached to the NDAA or the December funding bill, which clears 60 votes and is signed before Dec 31. I put enactment of some reauthorization by year end at roughly 30%. A further discount applies because the rules say 'for two years' while every 2026 vehicle was 18 months or 3 years, and it is unclear whether a resolver would count those. That lands near the 20% market anchor; I sit slightly below it given the recent momentum is not backed by any concrete scheduled vote.
4. Final plain mean of 2 draws
18%
(50% confidence)
Yes: 18%
No: 82%
Mean of 2 draws (0.18, 0.18). (0) Resolution check: no source shows a qualifying law. Section 702 has been lapsed since June 12, 2026. The only 2026 enactments were 10-day and 45-day patches. The House-passed 3-year S.1318 died in the Senate, and Cotton's 3-year bill failed cloture 47-52. The H.R.22 page the rules name is actually the SAVE Act, so it cannot settle the question.
(a) About 10.5 weeks remain. Congress is out until Nov 9 and the lame duck runs to roughly Christmas, so there are only a few legislative weeks.
(b) If nothing changes, the answer is No. Collection continues under FISC certifications until about March 2027, which lets leaders punt to the new Congress. The Senate did nothing even after Clayton's confirmation removed the Pulte objection.
(c) NO scenario: the NDAA stays stalled or passes without a 702 title, and reform blocs in both parties block a clean rider. Or a law passes with a 3-year or 18-month term that the resolver does not count. Or signing slips into January.
(d) YES scenario: there are lame-duck reports of a 702 rider on the NDAA or the December funding bill, plus ODNI's Thanksgiving deadline. A post-Pulte deal with Democrats on modest reforms then gets a reauthorization signed before Dec 31, with a two-year term or a lenient reading of the term.
The market's 20% (up 8.5 points this week, possibly on lame-duck rider chatter) looks roughly right. I shade slightly lower for the term-length ambiguity and the Senate's 60-vote problem.
Pipeline Timing
Total pipeline time: 56.4s
Per-tool research timings shown in the Research section above.