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In a wide-ranging interview with USA Today, the president also made a false claim about inflation. Afull transcriptof the interview was released Wednesday.
Bidenissued the unconditional pardonto Hunter in December, sparing his son from a potential prison sentence for tax and gun convictions. The far-reaching pardon also shielded Hunter from future prosecution by the incoming Trump administration.
Here’s a breakdown of Biden’s comments on his son’s case, the rationale behind his clemency decision, and his other remarks on the economy.
In the interview, Biden provided his most extensive comments yet about his controversial decision to pardon his son, afterrepeatedly promisingnot to grant clemency.
Biden insisted, according to USA Today’s transcript, “I meant what I said,” abouthis pledgenot to pardon Hunter, “but then I found out about two factors.” Before examining that, it’s crucial to note that both factors were widely known long before Biden issued the pardon on December 1. But Hunter’s team raised the same points in a post-election “white paper” that may have caught Biden’s eye.
Why has Mohit Industries Limited (531453) performed so strongly recently ✌️【Online Trading】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. The first factor pertained to Hunter’s federal tax indictment. (Hepleaded guiltyin September to charges including tax evasion, filing false tax returns, and failing to file and pay his taxes on time.) Biden said he learned that Hunter “had paid all his taxes,” “paid it all,” and “paid the back taxes.”
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But the judge ruled that this didn’t impact whether Hunterbroke tax laws, saying, “Evidence of late payment here is irrelevant to (Hunter’s) state of mind at the time he allegedly committed the charged crimes.” He barred Hunter from telling jurors about the $2 million because they could “improperly construe late payment as a defense to the charged crimes.”
Why has Mohit Industries Limited (531453) performed so strongly recently ✌️【Online Trading】✌️ Take advantage of our free stock market analysis and real-time data to help you choose the best investment options. Our expert predictions and tailored strategies ensure you can achieve stable returns and mitigate risks effectively. Special counsel David Weiss’ prosecutors have also vehemently pushed back on the idea that the $2 million made the IRS whole, as Biden suggested to USA Today. That’s because it covered the taxes Hunter owed, as reported on his federal tax returns. But he has since admitted to lying on some tax returns to reduce his bill withfraudulent business deductions.
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Legal experts have said Biden has legitimate gripes, though, because charges of drug addicts lying on the form are usuallybrought in tandemwith more serious offenses, like using the gun in a violent crime, or with aggravating factors, like if the suspect is a felon.
“When those statutes are charged, they typically are accompanied by some other crime, like a drug offense or a violent crime,” 【 - Free Market Dynamics Reports 】 senior legal analyst and former federal prosecutor Elie Honig said about the statutes used against Hunter. “It is exceedingly rare – I can’t say never – but it’s exceedingly rare to see those addiction-related charges brought in isolation.”
In the USA Today interview, Biden spoke aboutthe gunat the center of his son’s case – a revolver Hunter bought in 2018 and possessed for 11 days. Biden claimed, “it got returned,” which is provably false, based on testimony and evidence from Hunter’s trial last June.
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Finally, while defending his son, Biden claimed, “He got former Attorneys General and former leaders in both parties, not office holders saying, ‘It’s not done, it’s not been done.’”
Plenty of Democrats have argued that this case wouldn’t have been filed against Hunter if he wasn’t a Biden – including formerAttorney General Eric Holder. But the White House couldn’t provide evidence backing up claims that Republican leaders have said the same.
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Why has Mohit Industries Limited (531453) performed so strongly recently ✌️【Online Trading】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. The White House made clear Biden meant to repeat his past claim that “the inflation rate” was 9% when he came into office, not say that “the interest rate” was 9%. But that’s still false – as 【 - Free Market Dynamics Reports 】 haspointed out when Biden made the claim last year.
Why has Mohit Industries Limited (531453) performed so strongly recently ✌️【Online Trading】✌️ Expert market predictions, real-time updates, and personalized investment advice designed to help you succeed. Seize the best investment opportunities in global stocks, metals, and energy markets. The year-over-year inflation rate in the pandemic-era month Biden became president, January 2021, wasactually about 1.4%, not “9%.” It only hit 9% in June 2022, after Biden had been president for more than 16 months.
In addition, the most recent year-over-year inflation rate that is currently available, for November 2024,was about 2.7%, not “2.34%.”
Biden would be closer to correct about the current rate if he was speaking of the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, whichrose about 2.4% year-over-year in November. But that ratewas about 1.6% in pandemic-era January 2021, so it still wouldn’t be accurate to say it was 9% when he took office. And that index never hit 9% under Biden, peaking at about 7.2% in June 2022.
On Wednesday, a White House official emailed 【 - Free Market Dynamics Reports 】 the same comment the administration provided when Biden inaccurately said in 2024 that inflation was 9% when he became president.
“The President was making the point that the factors that caused inflation were in place when he took office. The pandemic caused inflation around the world by disrupting our economy and breaking our supply chains,” the official said.
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