119th Congress (2025-2026)

HR 1722

Billion Dollar Boondoggle Act of 2025

Introduced

Jurisdiction

US Congress

Session

119th Congress (2025-2026)

Official source

Chamber

House

Session

119th Congress (2025-2026)

Jurisdiction

US Congress

Bill overview

This bill, the Billion Dollar Boondoggle Act of 2025, requires the Office of Management and Budget (OMB) to collect and report on federally funded projects that are significantly behind schedule or have exceeded their original cost estimates by at least $1 billion. The bill directs federal agencies to annually submit detailed information about these projects, including their purpose, scope, costs, and reasons for delays or overspending. OMB will then compile this information into an annual report for Congress and make it publicly available.

Key provisions

Requires OMB to collect data on federally funded projects.
Defines ‘covered project’ as projects more than 5 years behind schedule or exceeding cost estimates by $1 billion.
Mandates annual submissions of project details by federal agencies to OMB.
Requires agencies to provide explanations for delays and cost overruns.
Requires agencies to adjust cost estimates for inflation.
Specifies information to be included in project descriptions.
Directs OMB to submit an annual report to Congress.
Requires OMB to post the annual report on its website.

Who is affected

Federal Agencies
Congress
Taxpayers
Executive Branch
Independent Regulatory Agencies

Notable changes

Establishes a formal reporting requirement for large, delayed, or over-budget federal projects.
Increases transparency regarding federal spending and project management.

Positions across the country

No public positions recorded for this legislation.

Arguments in favor

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Arguments opposed

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Legislative history

2025-02-27House

Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

2025-02-27House

2025-02-27

Introduced in House

2025-02-27

Introduced in House

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Feb 27, 2025XMLView source

119th CONGRESS — 1st Session

H. R. 1722

IN THE HOUSE OF REPRESENTATIVES

A BILL

To require an annual report of taxpayer-funded projects that are over budget and behind schedule.

1.Short title

This Act may be cited as the

Billion Dollar Boondoggle Act of 2025

2.Annual report

(a)DefinitionsIn this section—

(1)the term covered agency means—

(A)an Executive agency, as defined in section 105 of title 5, United States Code; and

(B)an independent regulatory agency, as defined in section 3502 of title 44, United States Code;

(2)the term covered project means a project funded by a covered agency—

(A)that is more than 5 years behind schedule, as measured against the original expected date for completion; or

(B)for which the amount spent on the project is not less than $1,000,000,000 more than the original cost estimate for the project;

(3)the term Director means the Director of the Office of Management and Budget; and

(4)the term project means a major acquisition, a major defense acquisition program (as defined in section 4201 of title 10, United States Code), a procurement, a construction project, a remediation or clean-up effort, or any other time-limited endeavor, that is not funded through direct spending (as defined in section 250(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 900(c))).

(b)Requirements

(1)SubmissionNot later than 1 year after the date of enactment of this Act, the Director shall issue guidance requiring covered agencies to, on an annual basis, submit to the Director information relating to each covered project of the covered agency, which shall include—

(A)a brief description of the covered project, including—

(i)the purpose of the covered project;

(ii)each location in which the covered project is carried out;

(iii)the contract or award number of the covered project, where applicable;

(iv)the year in which the covered project was initiated;

(v)the Federal share of the total cost of the covered project; and

(vi)each primary contractor, subcontractor, grant recipient, and subgrantee recipient of the covered project;

(B)an explanation of any change to the original scope of the covered project, including by the addition or narrowing of the initial requirements of the covered project;

(C)the original expected date for completion of the covered project;

(D)the current expected date for completion of the covered project;

(E)the original cost estimate for the covered project, as adjusted to reflect increases in the Consumer Price Index for All Urban Consumers, as published by the Bureau of Labor Statistics;

(F)the current cost estimate for the covered project, as adjusted to reflect increases in the Consumer Price Index for All Urban Consumers, as published by the Bureau of Labor Statistics;

(G)an explanation for a delay in completion or an increase in the original cost estimate for the covered project, including, where applicable, any impact of insufficient or delayed appropriations; and

(H)the amount of and rationale for any award, incentive fee, or other type of bonus, if any, awarded for the covered project.

(2)Report

The Director shall submit to Congress and post on the website of the Office of Management and Budget an annual report containing the information submitted under paragraph (1) for the relevant year.

HR 1722

Bill overview

Key provisions

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