Bill targets federal "boondoggles" with new yearly reporting rules

What does this do?

The "Billion Dollar Boondoggle Act of 2025" would require OMB to issue guidance within a year directing agencies to report annually on major projects more than five years behind schedule or at least $1 billion over their original cost estimate. OMB would compile this into a public annual report submitted to Congress and posted online.

Who does it affect?

Federal agencies and government contractors would face new reporting requirements and public scrutiny. Taxpayers and Congress would gain more visibility into troubled projects.

Why does it matter?

Agencies would need to disclose project details, cost overruns, delay reasons, and any contractor bonuses, increasing transparency but not directly canceling projects or cutting funding.

What does it cost, and who pays?

• Targets cost overruns of $1B+
• No funding cuts required
• No projects canceled by bill