The bill, known as the "Billion Dollar Boondoggle Act of 2023," requires the Director of the Office of Management and Budget to provide Congress with an annual report on projects from specific federal agencies that are significantly over budget or behind schedule. A covered project is defined...
Simple Explanation
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.