00:00 US President Joe Biden's son Hunter apparently earned more than $4 million from 2017 to 2018.
00:10 Reports said that his earnings came from a Ukrainian energy company, a Chinese private
00:14 equity firm and other sources.
00:17 According to his proposed plea agreement to federal tax charges, Hunter Biden made all
00:21 this money during two years in which he descended deeper into substance abuse.
00:26 The younger Biden's draft plea was announced in June, but the actual agreement was made
00:30 public on Wednesday after US District Judge Mary Ellen Noreca ordered it unsealed in response
00:36 to media requests.
00:37 The deal would have seen the president's son plead guilty to misdemeanor charges and
00:42 serve no jail time.
00:43 But it was put on hold after Justice Noreca raised questions about the terms last week.
00:49 An exhibit incorporated into the agreement between Biden and federal prosecutors in Delaware
00:54 sets out in some detail his earnings in 2017 and 2018, two years for which he failed to
01:00 pay income tax.
01:02 Republicans have criticized the proposed plea as a sweetheart deal.
01:05 They argued that Joe Biden must also have benefited from the millions that Hunter Biden
01:09 made.
01:10 Reports revealed that Hunter made more than $2.3 million in 2017.
01:15 He made more than $2.1 million in 2018.
01:19 The sources of his income were not identified in the court filing, but Biden has acknowledged
01:24 his ties with a Chinese company and a Ukrainian energy company.
01:28 According to the agreement, these high earnings came as his drug addiction continued to worsen.
01:33 The documents cite his own memoir, in which he describes a spring and summer of non-stop
01:38 debauchery in 2018.
01:41 According to the agreement, Hunter was well aware of his tax liabilities from an accountant
01:44 he hired.
01:45 Reports said that the accountant prepared his returns and sent them to him for review
01:49 and signature.
01:50 But, despite repeated encouragement from his accountant, he never signed or submitted
01:54 his returns.
01:55 According to the agreement, he failed to pay his taxes despite having the money to do so.
02:00 This is just one example of the many ways in which the U.S. has been able to help the
02:05 world.
02:06 For more information on the U.S. Department of State, please visit the U.S. Department
02:07 of State website.
02:07 (dramatic music)
Comments