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Today we learned he could spend almost five years in prison. chief congressional correspondent mike emanuel joins you live. former congressman jesse jackson junior charged with illegally conspiring with his wife to spend $750,000 in campaign funds op personal expences. no plea deal announceed but in a statement, he said, i offer no excuses for my conduct. i fully accept my responsibility for the improper decisions and the mistakes i made. prosecutors are expected to recommend a prison sentence of five years and fine of up to $so 0,000. the former rising star of the democratic party and man with huge name i.d. is accused of buying a gold $43,000 rolex watch, fur cape and parka and pem raabilia of famous people. michael jackson, mar tip luther king junior and ma am control-x. charges are wire and mail fraud. his wife who had her open ....