The bill increases transparency and standardized reporting around large troubled federal projects—helping taxpayers and policymakers spot and fix problems—but imposes administrative costs on agencies, risks disclosure complications for sensitive programs, and could prompt politically driven delays that raise costs.
Taxpayers and Congress will receive annual, public reports on large delayed or over‑budget federal projects (including causes, costs, and contractors), improving transparency and enabling more informed oversight and appropriations decisions.
Federal agencies will operate under clearer, standardized reporting requirements, which improves internal accountability and helps identify projects needing corrective action.
Better, comparable data on problem projects increases the likelihood that oversight and corrective measures will reduce waste or mismanagement over time, potentially saving taxpayer dollars.
Federal agencies and staff will face increased administrative burden to collect, CPI‑adjust, and justify detailed project data annually, diverting time and resources from program delivery.
Detailed public reporting risks revealing sensitive program details; while classified annexes are permitted, national security projects may see limited transparency or complications handling sensitive information.
Labeling many projects as 'covered' could trigger political scrutiny or funding freezes that delay completion and—by prolonging schedules—possibly increase costs for taxpayers and state or local partners.
Based on analysis of 2 sections of legislative text.
Requires annual public reporting to OMB and Congress for federal projects more than 5 years late or $1B over original cost, including causes and contractor details.
Requires the Office of Management and Budget to issue guidance within one year directing executive and independent agencies to annually report detailed information about multi‑year federal projects that are either more than five years behind schedule or have exceeded original cost estimates by at least $1 billion. OMB must publish an annual unclassified report to Congress and on its website summarizing each covered project, with an optional classified annex.
Official title: Billion Dollar Boondoggle Act
Introduced February 27, 2025 by Mariannette Miller-Meeks · Last progress July 23, 2026