US spends billions on aging tech, including floppy discs

The government is squandering its technology budget maintaining museum-ready computer systems in critical areas from nuclear weapons to Social Security. In a report released Wednesday, nonpartisan congressional investigators found that about three-fourths of the $80 billion budget goes to keep aging technology running, and the increasing cost is shortchanging modernization. The White House has been pushing to replace workhorse systems that date back more than 50 years in some cases.