IRS’ Massive IT Dept. Outstrips Midsize Banks by 175x Budget and 40x Staff

MORE - DOGE Staffer Drops Bombshell After Bombshell About Inner Workings of IRS/Treasury Dept.

DOGE insider Sam Corcos, special adviser to the U.S. Treasury Department, just unloaded a jaw-dropping exposé on the IRS and Treasury’s chaotic operations.

He’s pulling the mask off, and it’s wild.

1]. IRS’ Massive IT Dept. Outstrips Midsize Banks by 175x Budget and 40x Staff

“A typical midsize bank will have somewhere between 1 and 200 people in IT and they have an operations and maintenance budget in like the $20 million a year range. We have 8,000 people in IT, and our operations and maintenance budget is $3.5 billion a year. I don’t really know why yet.”

2]. Contractors Eat Up 80% of IRS’ Massive Operations Budget

“I will tell that you 80% of that budget goes to contractors and licenses——We cannot perform the basic functions of tax collection without paying a toll to all these contractors.”

3]. IRS’ Modernization Is a $3.7 Billion Money Pit

“We have a $3.5 billion operations maintenance budget. We have $3.7 billion modernization effort within it. That’s a lot of budget and way beyond any reasonable cost for what you would expect at a private company for this.”

4]. Ghost Contracts Bleed Millions With No Accountability

“You find contracts that are 10, 20, 30, $50 million and you just ask like, why are we doing this? And everyone’s just like, meh, I don’t know. And then you cancel it and then nothing happens. It’s just inertia, has just taken over.”

MORE - DOGE Staffer Drops Bombshell After Bombshell About Inner Workings of IRS/Treasury Dept.

DOGE insider Sam Corcos, special adviser to the U.S. Treasury Department, just unloaded a jaw-dropping exposé on the IRS and Treasury’s chaotic operations.

He’s pulling the mask off,… pic.twitter.com/GEG0jmtlQO

— Overton (@overton_news)March 21, 2025