Search Results for keywords:"cost overruns"

Search Results: keywords:"cost overruns"

S. 5421 — To provide enhanced provisions for advanced nuclear energy projects receiving loan guarantees through the Department of Energy, and for other purposes.
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December 04, 2024
Status:Introduced in Senate
Congress:118
Words:3,310
S. 5421 aims to support advanced nuclear energy projects by providing enhanced loan guarantee provisions from the Department of Energy. The bill creates the New Nuclear Investment Accelerator Program Account to manage funding and oversee cost overruns for projects that use...
Simple Explanation
S. 5421 is like a big plan to help build new types of power plants using special loans to make sure they have enough money. It tries to be careful with spending but might make some people worry it could spend too much or pick favorites.
H. R. 8335 — 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.
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May 10, 2024
Status:Introduced in House
Congress:118
Words:833
H.R. 8335, also known as the “Billion Dollar Boondoggle Act of 2024,” requires the Director of the Office of Management and Budget to report annually to Congress on projects that are significantly over budget or delayed. The bill defines "covered projects" as those funded by...
Simple Explanation
In H.R. 8335, also called the "Billion Dollar Boondoggle Act of 2024," there's a rule that big bosses have to tell on projects costing a lot more or taking way longer than planned, like if a toy is super expensive or it takes much longer to build than the grown-ups said.
H. RES. 1549 — Expressing the sense of the House of Representatives on contract breaches and other failures under the F–35 aircraft program.
October 22, 2024
Status:Introduced in House
Congress:118
Words:201
H. RES. 1549 is a resolution from the House of Representatives expressing concerns about various issues with the F-35 aircraft program, including breaches of contract by Lockheed Martin and its subcontractors. The resolution points out delays and cost overruns in delivering the aircraft, as...
Simple Explanation
The House of Representatives is worried because a company making special airplanes, called F-35s, didn't make them on time or for the right amount of money, and this could make it harder for the military to do their job. They also think the people in charge of the money should have done a better job checking on this company.

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