Wednesday, September 28, 2005

DeLay Indicted, Steps Down

House Republican Leadership in Chaos
WASHINGTON -- House majority leader Tom DeLay (R-TX) has been indicted on one count of criminal conspiracy relating to an alleged violation of a state campaign finance law.
Under Republican rules, House members under indictment are barred from holding a leadership position. As a result of this, DeLay had to step down. House Republicans are currently without a majority leader.
DeLay has been indicted for accepting $25,000 in donations from Texans for a Republican Majority Political Action Committee (TRMPAC), a committee he founded, which illegally took $190,000 in corporate donations. Texas law prohibits the use of corporate money to finance campaigns.
DeLay fiercely denied the charges and accused the prosecutor, Travis County District Attorney Ronnie Earle, of partisan bias.
DeLay could face up to two years in prison and up to $10,000 in fines if convicted.
CNN, MSN Money, and ABC News were used as sources.

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