DOGE representative Sam Corcos and Treasury Secretary Scott Bessent break down the Trump administration’s department to end wasteful spending on ‘The Ingraham Angle.’
Sam Corcos is a software developer and the CEO and co-founder of a software company called Levels. He is a special advisor for DOGE inside the Treasury Department. He and Scott Bessent explain that his primary – but not only – job there is to investigate the modernization program inside the IRS, which began in 1990 and is still not finished; supposedly it will take another five years! It is 30 years behind schedule and already 15 billion dollars over budget. Here is a money comment by Sam:
It’s hard to really grasp the scale of this, ’cause we process at the IRS about the same amount of data as a mid-size bank, and a typical mid-size bank will have somewhere between 1oo and 200 people in IT, and it’ll have an operations and maintenance budget in the 20 million dollar a year range. We have 8,000 people in IT, and our operations and maintenance budget is three and a half billion dollars a year. I don’t really know why yet, but I will tell you that 80% of that budget goes to contractors and licenses.
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