A shocking revelation from Sam Corcos, a tech adviser for Elon Musk’s Department of Government Efficiency (DOGE), has exposed the IRS’s modernization project as a costly failure. In an interview with Fox News’ Laura Ingraham, Corcos revealed that the IRS’s upgrade is over 35 years behind schedule and $15 billion over budget. The agency still relies on outdated mainframes from the 1970s, crippling its ability to efficiently collect taxes and report accurate spending to Congress.
Treasury Secretary Scott Bessent criticized entrenched contractors, calling them a financial “boa constrictor” squeezing taxpayer dollars. Meanwhile, Elon Musk raised alarms about “magic money computers” in federal agencies, claiming they generate unauthorized payments, potentially misreporting trillions in spending.
These revelations have sparked calls for independent audits, stricter oversight, and full transparency in federal spending. The Trump administration, through DOGE, aims to overhaul outdated systems, curb waste, and restore fiscal accountability.
