Joe Biden Vacations in Billionaire’s $18 Million Home – Joe Biden is on vacation again.
He has spent 373 days or 39.7% of his presidency on vacation.
This time the president, who casts himself as the man of the people and the little guy, is spending a week in an $18 million home at Lake Tahoe owned by billionaire Tom Steyer.
Steyer made headlines by spending $10 million trying to raise support for impeaching Donald Trump shortly after he became president in 2017.
The billionaire heads the Galvanize Climate Solutions investment fund.
Steyer Gave Millions to Joe Biden in 2020
His NextGen PAC endorsed Biden’s re-election bid in June.
The White House says that the Biden’s are renting out Steyer’s home for fair market value for a week.
Federal Election Commission data shows that Steyer, who briefly entertained a presidential run in the 2020 cycle, spent over $500 million funding Democratic candidates over the past four election cycles.
He helped Biden raise at least $4 million through a group called Climate Leaders for Biden during the 2020 campaign. Steyer’s climate voter group NextGen America raised $45 million for Biden.
“The First Family is renting a private home for their stay in Lake Tahoe,” a White House statement read. “The home belongs to Tom Steyer and Kat Taylor. The First Family is renting the home for fair market value.”
He is being joined by First Lady Jill Biden and son Hunter Biden, who will arrive separately on a commercial flight.
First daughter Ashley Biden, granddaughters Maisy and Naomi, Hunter’s daughters, and Naomi’s husband Peter Neal, arrived in Nevada aboard Air Force One with the president.
Joe Biden’s Lifestyles of the Rich and Famous
The Bidens spend previous summers since coming into the White House in Kiawah Island, South Carolina, and they spend their Thanksgiving on the island of Nantucket, Massachusetts.
Their Nantucket vacation was in the home of another billionaire, David Rubenstein, a co-founder of the Carlyle Group.
They spent last December in a villa owned by Democratic donors Bill and Connie Neville in St. Croix in the U.S. Virgin Islands.
“If it was a quid pro quo — a state dinner in return for a vacation house, that would be a problem. But you usually can’t prove those quid pro quos,” White House ethics chief Richard Painter, who ran for Congress in Minnesota as a Democrat in 2018 and 2022, told The New York Post last year following the visit. “The overarching problem … is the rich tend to have access here to the president. And you often give the president free use of your place. And then somehow, miraculously of course, you get invited to a state dinner. And you know, this is lifestyles of the rich and famous.”
The Nevilles gave $10,000 to the Biden Victory Fund in 2020.
White House Silent on How Much Biden is Paying Steyer
The White House is mum on how much the president is paying the billionaire for the stay.
The president will pause his vacation on Monday to visit Lahaina on the Hawaiian island of Maui to inspect the wildfire damage.
Biden’s rhetoric against billionaires contrasts with his actions that show he is very much a man for the wealthiest and not for the common man or woman.
John Rossomando is a defense and counterterrorism analyst and served as Senior Analyst for Counterterrorism at The Investigative Project on Terrorism for eight years. His work has been featured in numerous publications such as The American Thinker, The National Interest, National Review Online, Daily Wire, Red Alert Politics, CNSNews.com, The Daily Caller, Human Events, Newsmax, The American Spectator, TownHall.com, and Crisis Magazine. He also served as senior managing editor of The Bulletin, a 100,000-circulation daily newspaper in Philadelphia, and received the Pennsylvania Associated Press Managing Editors first-place award for his reporting.
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