119-HR-1722 Journalist Public Summary

Headline Summary

Require OMB to publish an annual, public report identifying big federal projects that are $1 billion over budget or 5+ years behind schedule, with explanations for the overruns and delays. (congress.gov)

What It Does

The bill directs OMB to collect details each year from federal agencies on any “covered project” that meets one of two thresholds: (1) more than five years late, or (2) at least $1,000,000,000 over the original estimate. Agencies must explain scope changes, list contractors and locations, provide original/current completion dates, show original/current costs adjusted for CPI‑U, and note any bonuses paid. OMB must compile this into a report for Congress and post it online. (congress.gov)

Who’s For It

• Sponsor: Rep. Mariannette Miller-Meeks (R-IA). (congress.gov)
• Context: A similar “Billion Dollar Boondoggle” measure previously passed the Senate on March 26, 2024, led by Sens. Joni Ernst (R-IA) and Maggie Hassan (D-NH), signaling cross-party interest in this kind of disclosure. (hassan.senate.gov)
• General supporters of transparency and fiscal oversight often argue that public reporting deters waste and helps Congress and agencies fix problem projects.

Who’s Against It

• No formal opposition is listed on the official bill page as of now; detailed positions may emerge if it advances. (congress.gov)
• Common concerns about similar reporting mandates include: added administrative burden for agencies; risk of oversimplifying complex, multi-year projects; potential to stigmatize necessary but difficult programs; and possible sensitivities for defense or security-related efforts.

What’s Next

As of March 19, 2026, Congress.gov shows H.R. 1722 at the “Introduced” stage and referred to the House Committees on Oversight and Government Reform and Armed Services (original referral on February 27, 2025). Next steps would typically include committee hearings and/or a markup, a committee vote to report the bill, possible House floor consideration, and then action in the Senate. If enacted, OMB would issue guidance within one year and begin annual reporting. (congress.gov)