Jackson Jr. resignation could happen within weeks: Source - FOX 32 News Chicago

Jackson Jr. resignation could happen within weeks: Source

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CHICAGO (FOX 32 News) -

There are new developments in the Jesse Jackson Jr. investigation. The congressman is working a deal with the federal government and his attorney has represented a congressman before.

Attorney Dan Webb has been retained by the Jackson's. He worked on a high-profile plea deal for the late Dan Rostenkowski, the former chairman of the House Ways and Means Committee.

A source told Fox Chicago News that Congressman Jesse Jackson Jr. doesn't need a lawyer, he needs a miracle to stay out of jail.

Sources close to the Jackson family say Jackson and his wife, Ald. Sandi Jackson, put their Washington D.C. home for sale to stockpile money. The five bedroom Victorian was listed at $2.5 million, a million dollar profit.

The sources told Fox Chicago News that the Jackson's fearful of the congressman serving jailtime hope the sale of that home will leave them with enough money to take care of themselves while he's away.

Jackson allegedly spent nearly $20,000 to renovate their D.C. home and purchase office furniture for it.

Months before checking into a clinic in Arizona, reportedly suffering from exhaustion, the congressman met with federal agents to work out a plea bargain.

Since that meeting, sources say the congressman has been crying uncontrollably and refuses visits with his father, civil rights leader, the Rev. Jesse Jackson.

During that meeting with the feds, Jackson told agents he did nothing wrong but quickly started asking questions. He wanted to know answers to questions including, "What's this all about? What can I do? What did I do? And what if the money was put back?"

Fox Chicago News has confirmed that the congressman's attorney is Dan Webb. He is negotiating with the federal government on a plea bargain.

While the congressman was elected to his 10th term in the 2nd Congressional District, the plea deal would include resignation from congress for health reasons - a "guilty" plea involving misuse of funds and possible jail time.

Sources close to the family say Jackson has been treated for bi-polar for years but with two federal investigations pending, his bouts with depression have become more frequent and are lasting longer.

Now there are reports that the congressman could sign that letter of resignation by the end of the year. Sources tells Fox Chicago News it could happen within weeks.

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