Originally published on Wed February 20, 2013 4:51 pm
NPR's David Schaper reporting
We most recently updated the top of this post at 2:50 p.m. ET.
Saying that "I've never been more clear in my life" about what he was doing, a tearful Jesse Jackson Jr. on Wednesday pleaded guilty to using about $750,000 in campaign funds collected for his congressional races to buy himself presents that included a Rolex watch worth more than $43,000.
The former congressman, a Democrat from Chicago, appeared in a Washington, D.C., courtroom. When he's sentenced in June, he could get a prison term of nearly five years.