The Democratic Congressional Campaign Committee (DCCC) is joining with Democratic candidate David Shapiro on a $900,000 ad campaign against incumbent U.S. Rep. Vern Buchanan in Florida’s 16th Congressional District.

Both Shapiro and the DCCC will put $450,000 toward the new ad campaign. The 30-second spot, titled “Rig,” focuses on Buchanan’s purchase of a yacht on the same day House Republicans passed the first version of their tax cuts bill last year.

It was later reported that Buchanan received a loan for that purchase from a company who was also lobbying in support of the bill.

“Vern Buchanan and Washington Republicans have rigged the system for billionaires,” the ad’s narrator begins.

“Washington Republicans voted to give wealthy insiders like Buchanan a tax handout of up to $2 million, but raised taxes on seniors and families. And that same day, Vern Buchanan bought himself a $5 million yacht with a loan from a foreign bank that was lobbying Republicans in Washington.

“Vote against Vern Buchanan and the Washington Republicans who help billionaires, not families and seniors.”

The ad cites a New York Times editorial for the claim that the Tax Cuts and Jobs Act “raised taxes on

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