Resolution criteria

The market resolves YES if Congress formally declares war on Iran through a joint resolution, as specified in Article One, Section Eight of the Constitution. Congress has not issued a formal declaration of war since World War II, instead relying on authorizations for use of military force (AUMFs). For this market, only a formal declaration of war legislation explicitly using the phrase "declaration of war" counts as YES. An AUMF or military action without a formal declaration resolves NO. The market resolves by December 31,