Billion Dollar Boondoggle Act of 2024

HR 8335, the "Billion Dollar Boondoggle Act of 2024," requires federal agencies to publicly report on major projects that are either significantly delayed or exceed their original budget by over $1 billion. Specifically, it mandates that agencies like the Department of Defense or Environmental Protection Agency submit annual reports detailing the status of such projects - including original vs. current costs, completion timelines, and reasons for delays or cost overruns. The reports must include project locations, key contractors, and explanations for budget increases, such as funding shortfalls. This bill does not alter spending or stop projects but aims to improve transparency around large-scale federal expenditures. It applies only to projects meeting the defined thresholds, not all government spending.