YourVoice.Now Summary
Transparency & AccountabilityRequires an annual public list of federal projects running $1 billion over budget or five years late, naming the contractors involved.
Transparency & Accountability
- Reporting requirements — Agencies must disclose projects $1B over budget or 5+ years late
- Public disclosure — OMB must post the report online, including contractors and bonus payments
The details
Once a year, the public would get a full list of major federal projects that are far over budget or far behind schedule. Any taxpayer-funded project at least $1 billion over its original cost estimate, or more than five years past its original completion date, would appear in an annual report posted online by the White House budget office (OMB). For each project, agencies would have to explain what went wrong, name the contractors involved, and disclose any bonus payments that were awarded anyway. Cost figures would be adjusted for inflation so comparisons stay fair.
Congressional Summary
Billion Dollar Boondoggle Act of 2025This bill requires the Office of Management and Budget (OMB) to collect information from federal agencies and report to Congress regarding projects that are behind schedule or have expenditures that have exceeded the original cost estimate. Specifically, the bill requires OMB to issue guidance directing federal agencies to annually submit specified information to OMB regarding certain federally funded projects that (1) are more than five years behind schedule, or (2) have expenditures that are at least $1 billion more than the original cost estimate for the project. Among other information, the agencies must submit to OMBa description of each project;an explanation of any change to the original scope of the project;the original and current expected dates for the completion of the project;the original and current cost estimates adjusted for inflation; an explanation for any delays in completing the project or increases in the cost; andthe amount of and rationale for any award, incentive fee, or other type of bonus awarded for the project.The bill also requires OMB to submit an annual report to Congress containing the information submitted by the agencies and post the report on the OMB website.
Legislative Subjects
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Ordered to be Reported (Amended) by the Yeas and Nays: 39 - 0.
- Action Date
- 2026-03-18
- Date Added
- 2026-07-18
- Source
- Congress.gov →
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