Billion Dollar Boondoggle Act of 2025

The Billion Dollar Boondoggle Act of 2025 would establish a new reporting requirement for federal agencies to track and disclose information about troubled government projects. Specifically, the Office of Management and Budget would be required to collect annual reports from federal agencies about any projects that are more than five years behind schedule or have exceeded their original cost estimate by at least $1 billion.

Under this bill, federal agencies would need to provide detailed information about these troubled projects, including descriptions of what went wrong, explanations for delays or cost overruns, original versus current completion dates and budget figures, and details about any bonuses or incentive fees paid to contractors. This information would help Congress and the public understand where federal spending has gone awry and why major projects have encountered problems.

The OMB would then compile this information into an annual report submitted to Congress and posted publicly on the OMB website. This transparency measure would allow lawmakers and citizens to see which federal projects are experiencing significant delays or cost increases, potentially enabling better oversight of government spending and contractor performance. The bill has passed the Senate and is currently being debated in the House of Representatives.