S. 1258 is a bill that wants the government to keep a list of big projects that are taking too long or costing too much money, so everyone can see where the money is going and make sure things are done right.

The "Billion Dollar Boondoggle Act of 2023" is a rule that says a special person in the government must tell Congress every year about big projects that are taking much longer or costing much more money than they were supposed to. If a project is taking more than five years extra or costing a billion dollars more than first planned, it gets looked at in this report.

The Billion Dollar Boondoggle Act of 2023 says that every year, a special person in the government has to tell the grown-ups in charge about any big government projects that cost way more money than planned or are taking too long to finish. This way, everyone can see which projects need extra help to get back on track.