Published Social post

Department of Government Efficiency (@DOGE): The Federal government spends 80% of its annual $100 billion IT budget on maintaining outdated systems.

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

Impact unavailable

The Federal government spends 80% of its annual $100 billion IT budget on maintaining outdated systems. Not only are older systems more expensive to maintain, but they are also more vulnerable to hackers. Source: gao.gov/blog/outdated-…

Back to news archive