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Billion Dollar Boondoggle Act of 2025

3/21/2026, 11:01 AM

Summary of Bill S 766

Bill 119 s 766, also known as the "Taxpayer-Funded Projects Accountability Act," is a proposed piece of legislation in the US Congress. The main purpose of this bill is to require an annual report to be submitted to Congress detailing taxpayer-funded projects that are over budget and behind schedule.

The bill aims to increase transparency and accountability in government spending by ensuring that taxpayers are informed about projects that are not meeting their deadlines or exceeding their budget. By requiring this annual report, Congress will be able to identify and address any inefficiencies or mismanagement in taxpayer-funded projects.

If passed, the bill would mandate that federal agencies provide detailed information on any projects that are over budget by 10% or more, or behind schedule by 6 months or more. This information would include the reasons for the delays or cost overruns, as well as any steps being taken to address the issues and bring the project back on track. Overall, Bill 119 s 766 seeks to hold government agencies accountable for how they are using taxpayer dollars and ensure that projects are completed in a timely and cost-effective manner. It is a step towards promoting transparency and efficiency in government spending.

Congressional Summary of S 766

Billion Dollar Boondoggle Act of 2025

This bill requires the Office of Management and Budget (OMB) to collect information from federal agencies and report to Congress regarding projects that are behind schedule or have expenditures that have exceeded the original cost estimate. 

Specifically, the bill requires OMB to issue guidance directing federal agencies to annually submit specified information to OMB regarding certain federally funded projects that (1) are 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. 

Among other information, the agencies must submit to OMB

  • a description of each project;
  • an explanation of any change to the original scope of the project;
  • the original and current expected dates for the completion of the project;
  • the original and current cost estimates adjusted for inflation; 
  • an explanation for any delays in completing the project or increases in the cost; and
  • the amount of and rationale for any award, incentive fee, or other type of bonus awarded for the project.

The bill also requires OMB to submit an annual report to Congress containing the information submitted by the agencies and post the report on the OMB website. 

Current Status of Bill S 766

Bill S 766 is currently in the status of Passed in Senate since December 11, 2025. Bill S 766 was introduced during Congress 119 and was introduced to the Senate on February 27, 2025.  Bill S 766's most recent activity was Committee on Small Business and Entrepreneurship. Hearings held. as of March 18, 2026

Bipartisan Support of Bill S 766

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

Policy Area and Potential Impact of Bill S 766

Primary Policy Focus

Government Operations and Politics

Alternate Title(s) of Bill S 766

A bill to require an annual report of taxpayer-funded projects that are over budget and behind schedule.
A bill to require an annual report of taxpayer-funded projects that are over budget and behind schedule.

Comments

Asaiah Gupta profile image

Asaiah Gupta

722

6 days ago

This bill is a total disaster, I can't believe they passed it. It's gonna cost us taxpayers billions of dollars for what? Nothing! This is gonna hurt us in the long run, mark my words.

Maisie Oliver profile image

Maisie Oliver

678

7 months ago

I can't believe this bill is being passed, it's such a waste of money! I don't understand why they are spending so much on this when there are other more important issues that need to be addressed. It's frustrating to see our tax dollars being used in this way. I hope there is some accountability for how this money is being spent. #politics #wasteofmoney #frustrated

Osman Raynor profile image

Osman Raynor

713

7 months ago

This bill is a disaster. The United States S Bill 766 Billion Dollar Boondoggle Act of 2025 will hurt us in the long run.

Anaya Rice profile image

Anaya Rice

662

10 days ago

OMG, this new bill is like totally gonna be a game changer! I mean, like, it's gonna bring so much money into our economy and create so many jobs, you know? I don't know all the details, but I know it's gonna be great for us hardworking Americans. Can't wait to see the short term affects of this bill! #excited #USA #economy