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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.

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.

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
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
4
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2015

Primary Policy Focus

Government Operations and Politics

Potential 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

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