Former President Joe Biden’s media tour has an urgent financial motivation, according to political analyst Mark Halperin, who claims the Biden family business empire has dried up since leaving the White House.
The Biden family is on life support and in need of funds, it seems.
During a panel discussion with former White House press secretary Sean Spicer, Halperin revealed that a source “very familiar with the Bidens” told him “Biden Inc. has collapsed” and the family now faces huge financial pressure.
“The trough is empty, the spigot is turned off,” Halperin said. “Biden Inc. needs a source of revenue. Hunter no longer has the earning capacity.”
The comments came as Biden conducted interviews with the BBC and ABC’s “The View” in an attempt to rehabilitate his image after dropping out of the 2024 presidential race.
During his appearance on “The View,” Biden blamed Americans’ racism and sexism for Kamala Harris’ election loss and claimed he had given her “six full months” to campaign when it was only four. Harris lost in a landslide to President Donald Trump.
Spicer was blunt about the Biden family prospects for future earnings: “The grift is over.”
“Number one, no one wants to know what he thinks. Number two, he doesn’t know what he thinks. And that’s a bigger problem,” Spicer said.
There are numerous reports that Biden has struggled to book speaking engagements since leaving the White House, with some reports saying he demands $300,000 per appearance. His speaking requirements reportedly include a private jet and expenses for five staff members.
When asked what advice they would give Biden for generating new income, the panel suggested a tell-all book might be his only option.
Spicer joked he would purchase a Biden book revealing insider information about Rep. Nancy Pelosi, D-Calif.
Biden’s interviews, intended to improve his public image, may have instead reminded viewers of the cognitive issues that led to his withdrawal from the presidential race, further damaging his family’s marketability for speaking engagements and other revenue opportunities.
Funny how that happens once the “big guy” leaves public office https://t.co/uwYR6ZVGYW
— John Hasson (@SonofHas) May 8, 2025