Congressman Vern Buchanan commends the CBO for confirming significant waste and fraud in federal health programs.
Quiver AI Summary
Congressman Vern Buchanan has praised a recent Congressional Budget Office (CBO) report confirming significant issues related to fraud and abuse within federal health programs. Buchanan stated that the report highlights "2.3 million fraudulent Obamacare enrollees" and anticipates taxpayer savings of $185 billion due to reforms proposed in the "One Big Beautiful Bill Act."
Buchanan emphasized that the legislation aims to protect responsible health care coverage while curbing inappropriate subsidies for illegal immigrants. He noted that the reforms will not only reduce premiums for eligible participants but also enhance the integrity of health care programs moving forward.
According to the CBO, the reforms could potentially lower premiums by 0.6% and prevent around 500,000 fraudulent subsidies annually. Buchanan's statement reinforces his commitment to accountability and efficient governance in health care initiatives, aligning with Republican strategies in the healthcare sector.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Vern Buchanan Net Worth
Quiver Quantitative estimates that Vern Buchanan is worth $261.4M, as of September 3rd, 2025. This is the 6th highest net worth in Congress, per our live estimates.
Buchanan has approximately $4.4M invested in publicly traded assets which Quiver is able to track live.
You can track Vern Buchanan's net worth on Quiver Quantitative's politician page for Buchanan.
Vern Buchanan Bill Proposals
Here are some bills which have recently been proposed by Vern Buchanan:
- H.R.4974: DETECT Act of 2025
- H.R.4548: Small Nonprofit Retirement Security Act of 2025
- H.R.4313: Hospital Inpatient Services Modernization Act
- H.R.3904: U.S. Bicycle Production and Assembly Act
- H.R.3750: FORCE-FIT Act
- H.R.3389: Alzheimer’s Law Enforcement Education Act of 2025
You can track bills proposed by Vern Buchanan on Quiver Quantitative's politician page for Buchanan.
Vern Buchanan Fundraising
Vern Buchanan recently disclosed $395.5K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 220th most from all Q2 reports we have seen this year. 45.1% came from individual donors.
Buchanan disclosed $152.0K of spending. This was the 366th most from all Q2 reports we have seen from politicians so far this year.
Buchanan disclosed $1.5M of cash on hand at the end of the filing period. This was the 210th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Vern Buchanan's fundraising on Quiver Quantitative.
