Report: Biden Family’s Financial Pipeline Has Run Dry
“Biden Inc. has collapsed. All those Biden grandkids had a lavish lifestyle which they very much liked.”
During the Thursday edition of his podcast, The Morning Meeting, veteran journalist Mark Halperin reported that, according to a source “very familiar with the Bidens,” the family’s financial machine known as “Biden Inc.” has dried up. “The trough is empty, the spigot is turned off,” he remarked.
Halperin continued, “Biden Inc. has collapsed. All those Biden grandkids had a lavish lifestyle which they very much liked. Hunter made … millions of dollars. Joe, as a former president is not in a position to get the same kind of paid speeches, corporate boards, book deals.”
The source told Halperin that the family “needs a source of revenue” because “Joe’s earning power is not sufficient” and “Hunter does not have great earning capacity.”
[Note: Halperin is extremely well-connected in the political world. He is also very credible. He was the first to report that President Joe Biden would drop out of the race shortly after the Biden campaign insisted he would stay the course. Halperin previously served as a political editor at ABC News and as a political analyst at MSNBC. He is not a conservative.]
A source “very familiar with the Bidens” tells @MarkHalperin that “Biden Inc.,” the family business that generated millions of dollars in revenue to support their lifestyle, has dried up. “The trough is empty, the spigot is turned off,” says Mark. “Biden Inc. needs a source of… pic.twitter.com/T1CVgO7p4Z
— 2WAY (@2waytvapp) May 8, 2025
According to a July 2024 projection from the National Taxpayers Union Foundation, based on Biden’s 36 years of service in the Senate, eight years as vice president, and four years as president, he is likely receiving $413,000 in pension income annually.
In addition, under the Former Presidents Act of 1958, former presidents receive money for office space, equipment, staff, travel, entertainment, and supplies as per The Hill:
President-elect Trump has received more than $3 million in pension, office, printing, travel, and other allowances since his first term ended.
From 2016 to 2024, former President Clinton has received nearly $13 million in pension and other benefits. Former President George W. Bush has been paid just over $12 million in those same eight years. Former President Obama has received about $10.5 million. And Carter, famous for his frugality, has received just over $5 million in that same time.
While most retired couples could live very well on such an income, they don’t support their extended family.
And Biden Inc., once a cash cow, was indeed a family affair. The House Republicans’ 2023 investigation determined that shell corporations were set up by Hunter and his associates for the sole purpose of laundering money through a tangled web of accounts to confuse anyone trying to follow the money trail. You may recall that one transaction alone showed money ultimately flowing into the accounts of nine family members, including grandchildren.
The investigation uncovered incontrovertible evidence that the Biden family enriched itself by trading on its patriarch’s ability to influence U.S. policy decisions for cash. The evidence included bank records, the content of Hunter’s laptop, and the sworn testimony of IRS and FBI whistleblowers.
According to testimony from IRS whistleblowers Gary Shapley and Joseph Ziegler before the House Oversight Committee in July 2023, the Biden family received at least $17 million from foreign entities between 2014 and 2019. At the time, Committee Chairman Rep. James Comer (R-KY) told Fox News that the total could be as high as $25-30 million.
That amount of money buys a lot of luxury, especially when it’s exempt from income taxes.
Now that Biden no longer holds influence, the family has no product to sell. This leaves the disgraced Hunter with nothing to offer to potential clients. And now that his father is out of power, no one is willing to pay five and six figures for his artwork. Go figure.
While most former presidents command substantial fees for speaking engagements, there appears to be little, if any, demand for Biden. Even many Democrats wish he would just go away.
Although former First Lady Jill Biden has accepted a position as the chair of the Milken Institute’s new Women’s Health Network, it won’t provide the family with the money required to maintain the lavish lifestyle they grew accustomed to.
On Thursday, Politico reported that Biden has hired his former deputy press secretary and Defense Department spokesperson Chris Meagher “to help burnish his legacy at a time when many in his party want him to exit the stage” or as Halperin puts it “to manage the Biden comeback.”
Since leaving office, Biden has delivered one public speech and participated in two interviews—one with the BBC and the other on ABC News’ The View. His performances on all three occasions were met with widespread criticism.
The only potential source of public interest might be a tell-all book written by Jill Biden revealing what took place behind closed doors between her husband’s disastrous debate performance last June and his subsequent withdrawal from the race on July 21.
The Bidens need to face reality: their glory days are over. No amount of spin or publicity can change that. The public has moved on—and it’s time they did too.
Elizabeth writes commentary for Legal Insurrection and The Washington Examiner. She is an academy fellow at The Heritage Foundation. Please follow Elizabeth on LinkedIn or X.
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Comments
Can’t sell influence when you have no influence to sell. Of course this is Joe Biden so it might be a good idea to see if he took any top secret documents to sell when he left the White House.
Reminds me of the millions that poured into the CLI to Global Initiative when it looked like Hillary was going to defeat Trump and all that money shut completely off when she lost. I’m playing the world’s smallest violin for Biden Inc and especially Hunter right now
Oh my. Whatever are the Bidens to do? Maybe setup an OnlyFans stream?
Diaper play?
Yeah, I can imagine Jill Biden doing live sex shows with random guys. Won’t make much money, though. And they had better do it quick, before the Republicans pass a bill to outlaw porn.
I am concerned you can imagine that
Joe: So … How much did you make today?
DOCTOR Jill: Uh … 46 dollars and … 25 cents.
Joe: What?! Who gave you 25 cents?
DOCTOR Jill: Everyone.
Something needs to be done about the lavish pensions. They are obscene.
Have to disagree – at least for presidents. After leaving office, Grant struggled in great pain from cancer to write a memoir so as to not die impoverished. Truman post-office was also poor. Not every president comes to office a rich man or deigns to ride the office into millionaire status like some recent examples.
Time have changed. It’s time to change this whole notion of pensions for elected officials.
Politics is not supposed to be career. Eliminate them.
I would be OK with a pension that would last a certain number of years, and you could take it early or after you retire from other post-presidency stuff. But it is limited and you had best be wise.
Those days are clearly over
I don’t mind the pensions or the Secret Service protection as all former Presidents or VP’s for that matter have a giant target on them for every crazy out there. The millions in pension might be a little much, though considering the former Presidents have quite a bit of earning power from speeches, books etc not available a generation ago
Biden’s financial pipeline — dry as a desert
Biden’s mental cognizance — dry as a bone
Hunter’s job opportunities — all dried up
Biden’s legacy — parched, withered, shriveled, dried up and blown away
Hey they probably $1500 from appearing on the view. Maybe more, my info on appearance fees is several years old.
You forgot dessiccated.
.
This is what the asshole baby protestors at college don’t get. Real justice is slow, it’s methodical and it comes long after the crime, often when no one is watching anymore. Street justice isn’t real justice, is mob rule and it’s often violent, spasmatic, aimed at the wrong target and repulsive. Joe losing his money, power, influence and funding is justice, finally coming to a family that have committed endless crimes against this country. His usefulness is at an end. No more puppetry or drugs or TV magic can make him seem mentally fit. My guess is they try to sell Dr. Jill as a speaker to keep the cash flow. But really who cares. There goose is cooked and no one is interested anymore.
Gee …. if he had any brains left, my advice would be “learn to code”:).
God help us. Today’s software is already bad enough,
New Name the Shapes coding software for infants and above.
Former Justice Souter passed away.
Wasn’t Souter the justice in favor of seizing private property and giving it to another private entity that wanted it?? I think that resulted in an attempt to seize his NH property which of course was dismissed because well he was a SUPREME.
That case in CT I think wasn’t quite what you remember. What SCOTUS said was that it was a State problem not a federal one and they had no say. Don’t like the state laws allowing it then get them changed.
That is not correct in the slightest. It was 5-4 ruling in which the majority clearly stated that the taking was constitutional.
Yeah it was a horribly bad decision that turned eminent domain from the traditional limited use for direct public purpose such as run a sewer line that benefits the local community to allowing the govt take from Peter to hand to Paul for basically any justification included Paul promising to eventually pay more in taxes than Peter.
Constitutional in that Federalism applied as in the Federal government had no say
How can you say it is not correct? You’re BOTH right. The ruling said what you said AND what he said, They are not incompatible.
He wasn’t “in favor” of it. He just said the constitution didn’t prohibit it, and it was up to the states to pass laws about it. Subsequent to that, most of them did. And most of those laws had more loopholes than fishnet stockings. So much for “your” representative government.
What Souter agreed with was the insane perversion of the phrase “public use” to be anything that increased tax receipts.
Here is a link to a 10 year retrospective.
https://www.ownerscounsel.com/its-been-10-years-since-kelo-v-city-of-new-london-where-are-we-now/
I was appalled when I first heard of this.
An article on the attempt to seize Soutter’s property.
https://www.acslaw.org/?post_type=acsblog&p=2927
What Biden will do is have a book ghost written and the progressive book publishers will pay his an advance in the millions. Why they do this I don’t know but this was done for both Clintons and both Obamas.
Clinton and Obama still had political influence while Biden has nothing left. Don’t be surprised if irrefutable evidence comes out against him that the Democratic party people are shocked, absolutely shocked and toss him under the bus.
It’s money laundering from rich donors. But it presupposes that the donors find the “writer” worth supporting, meaning that there’s something in it for them. Joe has nothing left to offer.
In case the mechanism isn’t clear, the publisher announces the book, and then rich donors put in orders for UPS trucks full of that book. The money that goes to the “writer” evades campaign finance limits, the publisher gets their cut of the graft, and the donors distribute the books to libraries or used them for barn insulation.
Worse than that. A book-bribe is a large advance for a book that can not and will not ever earn that amount of money. Contributions and ‘investments’ by rich donors make up the loss and then some. The book normally sells a microscopic number of copies, and the excess is practically donated to public libraries for the tax write-off.
I actually checked the number of copies of my nearby city library – as I recall, it was 187. They were initially ALL checked out.
That stopped real fast – most of the time, it’s maybe 3-8 copies checked out, and a LOT on the shelf.
What a waste.
The big dems want people to stop talking about Traitor Joe – to act as if he never existed. He has to be bought off to keep his decrepit, criminal azz out of the papers and off of people’s minds.
Biden still has lots of secrets he can dump. He will be paid for a book by a ghost writer who will tell a tale that can be told. But in reality, the book will not have everything that Biden can release about what he knows.
You mean just like Trump had a ghost writer pen The Art of the Deal and he was then paid millions for it? MAGA!!!
It’s mental illness to have your world revolve around Trump. It would be okay if you were not a hater, too.
But at least he’s not schizophrenic or suicidal. He doesn’t hate his own posts. He lets you know by upvoting them.
He is a genius. Just ask him.
🤡🤡🤡🤡🤡
You must have a ghost writer for your posts, likely a three-year-old.
A book that was actually read by people and wasn’t meant to cash in politically because at the time Trump wasn’t a politician.
Do you always not pay attention to details?
He could probably ghost write himself right now. Guy has one foot over the line, in the ground, or in the tunnel as it is. Did you see him getting annoyed at Jill on The View when she was describing this guy who worked really hard. He thought that she had been stepping out on him.
So what are Hunter’s paintings going for on eBay these days?
She has an Ed.D. She has a right to babysit other guys if she wants to.
“She has an Ed.D.”
There are pills for that these days.
As if a ghost writer doesn’t take the thoughts of the author and put it on paper…
How about he listens to Trump reading it aloud himself?
https://www.amazon.com/Trump-Art-of-Deal-audiobook/dp/B01FY3KPY8
It will be interesting to one day calculate all the money this crime family blew through.
It will also be interesting to one day calculate all of the money that the Trump crime family blew through. It will probably take at least two episodes The Rest is History podcast.
There might be a corporate board or two that could use Jill, as an experienced POTUS.
Trump is not broke, brainiac. Figures you would neglect the theme here that BIDEN is unable to extort money. Can you describe what Biden’s business did/does compared to Trump’s? Will your TDS allow you to acknowledge the reality?
It will be more interesting to one day calculate all the space that Trump rented in your empty cranium. Granted, that’s only about the size of an attic loft, but still.
Too bad you’re so one-dimensional. I bet you’re fun in Iowa unemployment lines.
dont worry
the laundry money from any book deals or whatever they do
will cover him
Gee, that’s a shame. Really, it is. 🤣
Well there you go, proof that he was a grifting piece of excrement. Just like Hillary and the Clintoon Global Initiative, when the opportunity for ‘pay to play’ goes away, so does the money.
These grifters should all be in prison. Or better yet, their heads on pikes on the DC Mall as a warning sign to all the other little piggies who go to DC hoping to milk the system.
Awwww…so sad.
Biden has always been a total azzwhole and jerk. I’m sure there are many who are happy to be rid of Joe Biden. If he thinks he will make millions off of Trump, he’s as dumb as he actually is. But he will off names like Clinton, Pelosi…etc, etc. However i don’t thin he and Jill are smart enough to go that route.
Yeah, he was known as a real piece of work decades ago. I imagine becoming senile didn’t help.
It seems that Hitlery had the same problem after she lost and the Clinton Global Initiative donations dried up almost overnight.
Sloe Joe won’t need any money where he is going. Once the casket is closed, that’s it. But poor Hunter. He might have to actually work for a living.
He might want to pack that casket with some ice, though. That he will want, where he’s going.
Hunter work at what?
His talent for paint seems to have dried up. His talent for international corporate management seems to have blowed up real good. None of the Delaware judges, Thai hookers, or Colombian dealers in his contacts list are returning his calls. And Limu has his old dream job at Liberty Mutual locked up.
That’s because Limu had a dream. Hunter had pipe dreams. They are not the same things.
Crack pipe dreams…
Since the original term “pipe dreams” referred to the opium pipe, you’re on target.
I think someone should plan a media vigil when Joe kicks the bucket, staking out all of the Biden properties to get footage of the repo men hauling everything away. Pay-per-view could put a dent in the national debt.
He has a few beach properties he can sell and it loooos like on top of the 400+ /year he gets an additional 1-2 million/year.
He has to some millions stashed away.
Hes not hurting by any means
I’m sure Traitor Joe has money stashed in offshore accounts all over.
The properties I wouldn’t be so sure of. Don’t forget, he has taken out mortgages something like 40 times on just 2 of his properties over something like 30 years. Obviously, it’s money laundering, but he might not really have any equity in any of them, given all of the financial shenanigans he’s employed to try and clean the dirty money he and his putrid family have been living off of for decades.
Hunter, no doubt, has gone through every penny. And he stills owes that Hollywood weirdo 5 or 6 million. I wondered why Hunter isn’t liable for taxes on the millions that his butt-buddy gave him. I know they claimed it was loans, but …. seriously.
Some rich democrats are going to save the Biden crime family by throwing a few million their way for nothing, just to keep the story out of the headlines until Traitor Joe finally kicks off. It’s self-preservation for the democrat scum. The funny part is that Joe is such a nasty, miserable prick that he might end up alienating even them and finally having the whole despicable family set adrift, with all of the big democrats claiming they never heard of any “Biden”.
In the end, Hunter will end up “blowing Lassie in a ditch” for dimes and quarters. [nod to Four Lions]
Please spare us your sick fantasies about “blowing Lassie in a ditch”.
There is a proposed new movie remake of Lassie Come Home where Botox lips Kristi Noem shoots and kills Lassie for chasing the sheep.
I heard the remake actually stars your wife blowing the crew.
Oh wait. Different movie.
It’s a documentary.
Comments like this make me wish there was a block feature here
JR got a thing for Lassie.
Do not speak for us. It’s YOU that has sick fantasies about you know who, much worse than about Lassie, a fictional character..
Plus, of course, Lassie was a female.
The dog that played lassie was always a male, to the best of my knowledge.
It’s a quote from the movie I mentioned RIGHT AFTER THAT, Einstein.
Hunter should just go back to painting…houses.
Hunter smoked it all
Take the Corvette to a Barrett- Jackson car auction, somebody will gladly over pay for that.
That’s not a bad idea. Suggesting that there may be classified documents hidden under the trunk liner may boost the car’s value a few thousand dollars.
All those Biden grandkids had a lavish lifestyle which they very much liked.
All except one.
I’ll never understand why her mother wanted so much to be acknowledged by the Bidens. I mean I understand but I don’t understand. Also, the true measure of Jill and Joe was their failure to acknowledge this grandchild. Appalling.
mom wanted the “influencer” notoriety>>>$
and of course the dr and her patient held back for legal reasons ( to protect artist hunter)
And in the end that will be the lucky one.
There’s some irony to the fact that the stripper (not that there’s anything wrong with that) was the only one in the whole extended family that earned honest money.
She and her daughter don’t have the Biden stink on them. As long as momma doesn’t give the girl the Biden name.
“Earned honest money.”
And a Biden screwed her. Check.
Station Customs agents at every Wilmington pawn shop. Be on the lookout for investment grade diamonds that smell like Chinese food.
Boo. Hoo.
Chy-nah might repossess that Beach House they bought him
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