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That’s right. Thirty years behind schedule. $15 billion down the drain. And not a finish line in sight.
The systems responsible for collecting trillions in taxes every year are built on ancient programming languages like COBOL and Assembly—languages older than most of the people reading this article.
“The IRS has some legacy infrastructure… old mainframes running COBOL and Assembly, and the challenge is how do we make that a modern system? Virtually every bank has done this, but we’re still using a lot of those old systems,” Corcos continued.
This isn’t just a few missed deadlines. According to Corcos, this project was supposed to be completed in 1996. We’re now nearly 30 years past that date, and the federal government is still fumbling in the dark.
“Typically, in industry, this takes a few years and maybe a few hundred million dollars. We’re now 35 years into this… It was supposed to be delivered in 1996,” he added.
And while the American taxpayer keeps footing the bill, Corcos says the real winners are the contractors who have latched onto the project like bloodsucking parasites.
“A huge part of our government is collecting taxes. We cannot perform the basic functions of tax collection without paying a toll to all these contractors. We really have to figure out how to get out of this hole. We’re in a really deep hole right now,” Corcos noted further.
Treasury Secretary Scott Bessent didn’t mince words either. He pointed directly at the contractor-industrial complex—those shady consultant firms embedded within the government like ticks—bleeding the American public dry.
“Many of the employees are fantastic. It’s this consultant group. They’re like a boa constrictor. They’re like a python,” Bessent said. “They’ve constricted themselves around our government, and the costs are unbelievable. They’re being passed on to the American taxpayer.”
He laid blame at the feet of the usual suspects: Democrat-aligned consultants, big media, and entrenched bureaucrats desperate to maintain the status quo.
Just Released: Trump White House Collector’s Bobblehead!
“The entrenched interests, the consultants, the Democrats, mainstream media, they just want to blow this project out of the water,” Bessent added. “This is the opposite of government efficiency, not elimination, not extinction. Sam and his crew are making it more efficient to work for the American people. So what’s wrong with it working better, cheaper, faster, and with more privacy?”
WATCH:
But the IRS scandal might only be the tip of the iceberg.
In a stunning moment on Sen. Ted Cruz’s podcast, Elon Musk himself revealed the existence of secretive government computers capable of moving unimaginable amounts of money—without congressional oversight or even proper accounting.
“I think we’ve found now 14 magic money computers. They just send money out of nothing,” Musk told Cruz.
Let that sink in. FOURTEEN government computers—scattered across the Treasury, HHS, State, and even the Pentagon—are creating and transferring money like a digital Wizard of Oz behind the curtain. No records. No approval. No accountability.
“They’re mostly at Treasury,” Musk said, “but there’s some at [Health and Human Services], there’s one or two at State, there’s some at [the Department of Defense].”
Cruz, visibly stunned, noted that these unexplained outflows could represent trillions in unaccounted government spending.
“You may think that government computers all talk to each other, they all synchronize, they add up what funds are going somewhere, and it’s coherent and that the numbers you’re presented as a senator are actually the real numbers. They’re not,” Musk warned.
This isn’t a glitch. It’s a crisis. The United States government is hemorrhaging money through outdated systems, shady contractors, and now, rogue computers that make trillions vanish without a trace.
The Department of Government Efficiency may have been treated like a joke when it launched—but no one’s laughing now. What else are they going to find?
Because if the IRS and Treasury are any indication, America’s financial black hole might be deeper—and darker—than anyone dared imagine.
