Trump Advisor Unveils $1.5 Billion Savings in IRS Tech Budget Overhaul
2025-03-21
U.S. News & World Report
In a bid to boost government efficiency, Sam Corcos, CEO of health tech firm Levels and member of President Trump's Department of Government Efficiency, has identified legacy contracts worth tens of billions of dollars that can be optimized. By streamlining the IRS technology budget, Corcos claims a potential savings of $1.5 billion. This move is part of a broader effort to modernize the agency's systems, which are decades behind schedule. With the help of technology consulting and digital transformation, the government aims to improve its services and reduce costs. Key areas of focus include IT modernization, government technology, and budget optimization.