Biden Family Desperate for a New Source of Income After 'the Spigot Is Turned Off': Report

After suffering a humiliating defeat in November, former President Joe Biden is crawling back into public view—and according to one veteran journalist, it may have less to do with legacy and more to do with the Bidens’ desperate financial reality.

With President Donald Trump charging forward in his second term and already delivering results, Biden, now 82, has re-emerged for a string of public appearances—each more hollow and bizarre than the last. According to Politico, Biden is now taking media advice from a former Pentagon spokesman as he attempts to reframe a failed presidency that Americans were more than ready to leave behind.

In a recent BBC interview, Biden launched into yet another tired attack on President Trump, trying to defend his disastrous four years in office. On Thursday, he followed that up with an awkward sit-down on ABC’s The View, a performance even the liberal Variety magazine described as a “botched attempt to restore his legacy.”

But behind the sudden flurry of media activity may lie a more personal—and financial—motive.

According to veteran political reporter Mark Halperin, the former president’s reappearance may be driven by something far more basic: the Biden family needs money.

Speaking Thursday on The Morning Meeting—a podcast Halperin co-hosts with former Trump Press Secretary Sean Spicer and former Clinton fundraiser Dan Turrentine—Halperin revealed he had spoken to a source “very familiar with the Bidens.”

The takeaway? “Biden Inc. has collapsed.”

“All those Biden grandkids had a lavish lifestyle, which they very much liked,” Halperin said.

“Hunter made hundreds of thousands of dollars, millions of dollars. Joe, as a former president, is not in position to get the same kind of paid speeches, corporate boards, book deal…”

“Biden Inc. needs a source of revenue,” he continued. “And Hunter, even though he was pardoned and is not going to go to prison, Hunter does not have great earning capacity.”

To say Hunter Biden “does not have great earning capacity” is putting it mildly. His scandal-plagued business ventures, phony art sales, and seedy laptop escapades have made him a punchline more than a professional. As Halperin put it bluntly: “The trough is empty. The spigot has shut down.”

The podcast’s co-hosts seemed to agree that financial motivation is likely behind Biden’s return to the spotlight. Turrentine noted that at Biden’s age—82 and clearly showing signs of cognitive decline—his options are limited.

Spicer summed it up perfectly: “The grift is over.”

“I don’t see where the new source [of money] is,” Spicer added. “No. 1, no one wants to know what he thinks. No. 2, he doesn’t know what he thinks, and that’s a bigger problem.”

The irony is hard to miss. After spending years turning public service into a family business, leveraging connections, and raking in foreign dollars through his son’s shady deals, Biden now faces a grim personal reality: there’s no more influence left to sell.

The American people are enjoying a renewed era of strength and prosperity under President Trump, who has wasted no time in his second term reversing the chaos, inflation, and weakness left behind by the Biden administration.

But for the Biden family, the aftermath is setting in. And if Halperin’s reporting is accurate, their golden goose has finally stopped laying eggs.

As Trump’s momentum builds, Biden’s legacy isn’t being rebuilt—it’s unraveling. And for the once-protected political dynasty, the reckoning may have only just begun.