Requires an annual report on taxpayer-funded projects over budget and behind schedule.

The Billion Dollar Boondoggle Act of 2025 mandates the Director of the Office of Management and Budget to issue guidance requiring covered agencies to submit annual reports on each covered project. These reports must include details such as the project's purpose, locations, contract numbers, initiation year, federal share of costs, primary contractors, and changes to the project's scope. The reports must also detail the original and current cost estimates, the original and current expected completion dates, and explanations for any delays or cost increases.

Requires an annual report on taxpayer-funded projects over budget and behind schedule.

The Billion Dollar Boondoggle Act of 2025 mandates the Director of the Office of Management and Budget to issue guidance requiring covered agencies to submit annual reports on each covered project. These reports must include details such as the project's purpose, locations, contract numbers, initiation year, federal share of costs, primary contractors, and changes to the project's scope. The reports must also detail the original and current cost estimates, the original and current expected completion dates, and explanations for any delays or cost increases.