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Government Project Reporting: Ending Billion-Dollar Waste

This new law requires government agencies to annually report on large projects that are significantly delayed or have exceeded their budget by at least one billion dollars. This gives citizens insight into how their money is spent and why some projects cost more than planned, potentially leading to greater accountability and efficiency in public spending.
Key points
Increased transparency in public spending: The government will have to disclose details about costly and delayed projects.
Better control over taxpayer money: Information on waste will help identify problems and potentially save funds.
Increased agency accountability: Agencies will have to explain the reasons for delays and budget overruns.
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Additional Information
Print number: 117_S_636
Sponsor: Sen. Ernst, Joni [R-IA]
Process start date: 2021-03-09