Jesse Jackson, Jr. Expected To Resign

Congressman also facing jail time.

Despite being hospitalized and under investigation for misusing campaign money, Jesee Jackson, Jr. was re-elected to his Illinois Congress seat last week. But now it is being reported that the son of the famed Civil Rights leader Rev. Jesse Jackson is expected to resign as a part of a plea deal.

CBS News reports:

The tentative deal includes Jackson, Jr.'s resignation from Congress for health reasons, a "guilty" plea involving misuse of campaign funds, and repayment of any contributions that were converted to personal use. At least some jail time is expected. Jackson, Jr.'s pension, which would pay out between $65,000 and $80,000 a year when he turns 62, is also part of the talks.

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