PolicyBrief
S. 766
119th CongressFeb 27th 2025
Billion Dollar Boondoggle Act of 2025
IN COMMITTEE

The "Billion Dollar Boondoggle Act of 2025" mandates an annual report on taxpayer-funded government projects that are over budget by at least $1 billion or more than 5 years behind schedule.

Joni Ernst
R

Joni Ernst

Senator

IA

LEGISLATION

Billion Dollar Boondoggle Act of 2025: Shining a Light on Overdue and Overbudget Government Projects

The "Billion Dollar Boondoggle Act of 2025" is pretty straightforward: it forces the government to fess up about major projects that are way behind schedule or massively over budget. Specifically, we're talking about projects that are either more than 5 years late or have cost at least $1 billion more than originally planned. Think of it as a yearly 'report card' for huge government undertakings, published for all to see.

Digging into the Details

This act requires the Office of Management and Budget (OMB) to collect and publish detailed information on these lagging projects. Within one year of the law's enactment, the OMB Director has to issue guidelines for agencies, which must then report on any of their projects meeting the criteria. This means they will have to provide:

  • A basic description: What the project is, where it's happening, who's involved (contractors, etc.), and when it was supposed to start.
  • Scope changes: Any major alterations to the original plan.
  • Timeline updates: The original completion date versus the current (likely delayed) one.
  • Cost breakdowns: How much it was supposed to cost versus what it's actually costing, adjusted for inflation.
  • Reasons for problems: Why things are delayed or over budget, including any funding hiccups.
  • Bonus info: Whether any bonuses were given out, and why (yes, even if the project is a mess).

This information gets compiled into an annual report, submitted to Congress, and posted publicly on the OMB website. This means citizens, journalists, and anyone else interested can see exactly which projects are struggling and why.

Real-World Radar

Imagine a highway project that was supposed to connect two major cities, initially slated for completion in 2020 at a cost of $500 million. Now, it's 2026, the project is still incomplete, and the price tag has ballooned to $1.8 billion. Under this act, the responsible agency would have to explain the delays (maybe material shortages, unexpected environmental issues, or design flaws), detail any changes to the original plan, and justify the massive cost increase. They'd also have to disclose if any project managers received bonuses despite the setbacks.

Or, consider a new software system for a federal agency, originally budgeted at $800 million and expected to be operational in three years. If it ends up costing $2 billion and taking eight years to implement, the agency would have to provide a full accounting. This could reveal issues like poor initial planning, constant requirement changes, or problems with the chosen contractor. The transparency is intended to hold those in charge accountable.

The Bottom Line

The Billion Dollar Boondoggle Act, as per SEC. 2, is all about transparency and accountability. By forcing agencies to publicly report on significantly delayed or over-budget projects, the act aims to shine a light on potential mismanagement and waste. While compiling these reports might add some administrative work, the goal is to encourage better project planning and execution, ultimately saving taxpayer money. It's a direct response to the frustration many feel when they see headlines about government projects spiraling out of control. This law puts the information right in front of us, making it harder to sweep problems under the rug.