Yearly report would list federal projects 5+ years late or $1 billion over budget
Passed one chamberH.R. 1722Latest action
Sponsor: Mariannette Miller-Meeks · Representative · IA
AIDecoded by AI · checked against the recordRead the official text
Official title: Billion Dollar Boondoggle Act
119th Congress
Topics: Government & democracy
Introduced:
Read the official bill on Congress.govIn plain words
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The bill would require a yearly federal report on projects more than five years late or at least $1 billion over their first cost estimate.
50-second read · 4 questions answered below
What does this do?
The bill would require the Office of Management and Budget (OMB) to report each year on major federal projects that are more than five years behind schedule or have cost at least $1 billion more than first estimated. It covers major purchases, defense programs, construction projects, and environmental clean-up efforts, but not programs funded through "direct spending." Agencies would report each project's purpose, location, main contractors and grant recipients, federal payments, original and current cost and completion dates (adjusted for inflation), reasons for delays or overruns, and any bonuses or incentive fees paid.
Who does it affect?
Federal agencies would have to submit the project details, and the contractors working on those projects would face more public scrutiny. The OMB would send the report to Congress and post it on its website.
Why does it matter?
The bill does not cut funding, cancel projects, or punish anyone; it only requires reporting. Taxpayers would have easier access to information on how large federal projects are performing.
AI-drafted summary. Check it against the official text before you act on it.
Based on the “Placed on Calendar Senate” text of Jul 23, 2026.
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Where does it stand?
- IntroducedFeb 27, 2025
- House committee
- House vote
- SenateYou are here · Jul 23, 2026
- The president's desk
Right now: it passed the House, and the official record shows nothing new since. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 467.