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Billion Dollar Boondoggle Act of 2021
1/11/2023, 1:48 PM
Summary of Bill HR 2015
Bill 117 hr 2015, also known as the Billion Dollar Boondoggle Act of 2021, aims to address wasteful spending and inefficiencies in government projects. The bill was introduced in the US Congress with the goal of increasing transparency and accountability in how taxpayer dollars are spent.
The key provisions of the bill include requiring all government agencies to conduct thorough cost-benefit analyses before embarking on any project that costs over one billion dollars. This analysis would help identify potential boondoggles, or projects that are wasteful and not in the best interest of taxpayers.
Additionally, the bill calls for the creation of a special oversight committee to review and monitor large government projects to ensure they are on track and within budget. This committee would have the authority to recommend changes or even halt projects that are deemed to be boondoggles. Furthermore, the bill includes measures to increase public access to information about government projects, including requiring regular updates on project progress and costs to be made available to the public online. Overall, the Billion Dollar Boondoggle Act of 2021 aims to promote fiscal responsibility and prevent wasteful spending in government projects. It seeks to ensure that taxpayer dollars are used efficiently and effectively, ultimately benefiting the American people.
The key provisions of the bill include requiring all government agencies to conduct thorough cost-benefit analyses before embarking on any project that costs over one billion dollars. This analysis would help identify potential boondoggles, or projects that are wasteful and not in the best interest of taxpayers.
Additionally, the bill calls for the creation of a special oversight committee to review and monitor large government projects to ensure they are on track and within budget. This committee would have the authority to recommend changes or even halt projects that are deemed to be boondoggles. Furthermore, the bill includes measures to increase public access to information about government projects, including requiring regular updates on project progress and costs to be made available to the public online. Overall, the Billion Dollar Boondoggle Act of 2021 aims to promote fiscal responsibility and prevent wasteful spending in government projects. It seeks to ensure that taxpayer dollars are used efficiently and effectively, ultimately benefiting the American people.
Congressional Summary of HR 2015
Billion Dollar Boondoggle Act of 2021
This bill directs the Office of Management and Budget to issue guidance requiring federal agencies to report annually to Congress regarding certain federally funded projects that are (1) more than five years behind schedule, or (2) have expenditures that are at least $1 billion more than the original cost estimate for the project.
Read the Full Bill
Current Status of Bill HR 2015
Bill HR 2015 is currently in the status of Bill Introduced since March 18, 2021. Bill HR 2015 was introduced during Congress 117 and was introduced to the House on March 18, 2021. Bill HR 2015's most recent activity was Referred to the Committee on Oversight and Reform, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of March 18, 2021
Bipartisan Support of Bill HR 2015
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
10Democrat Cosponsors
4Republican Cosponsors
6Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2015
Primary Policy Focus
Government Operations and PoliticsPotential Impact Areas
- Budget process
- Congressional oversight
- Executive agency funding and structure
- Government information and archives
- Inflation and prices
- Public contracts and procurement
Alternate Title(s) of Bill HR 2015
Billion Dollar Boondoggle Act of 2021
To require the Director of the Office of Management and Budget to submit to Congress an annual report on projects that are over budget and behind schedule, and for other purposes.
Billion Dollar Boondoggle Act of 2021
Comments
Sponsors and Cosponsors of HR 2015
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