House Of Representatives, Campaign Funds | featured news

Former U.S. Rep. Jesse Jackson Jr. has been charged with spending $750,000 in campaign funds on personal expenses. His wife was charged with filing false income tax forms....

...Jackson is discussing a plea deal with the Justice Department, which is investigating his alleged use of campaign funds to decorate his house and buy a $40,000 Rolex for a female friend. Jackson won reelection last week with more than 60 percent of the vote. A plea deal could require jail time and his resignation, according to reports.

CBS News reported the Illinois Democrat is working on a deal stemming from allegations he misused campaign funds.

You can do a lot with a billion dollars - but still not change much. This Election Day, it's likely to produce another Republican-led House that's little different from the existing version.

House Democrats raise money off a Romney supporter's comment that "lower income" people don't get the impact of President Obama's policies.

House and Senate candidates have already shattered fundraising records for a midterm election and are on their way to surpassing $2 billion in spending for the first time, according to new campaign finance data.