or: Ted Stevens: So Dirty Even The Bush Administration Had To Indict Him. (h/t AdamS)
The Justice Department has just handed down a grand jury indictment against Republican Senator Ted Stevens (.pdf) consisting of seven felony counts of making false statements. Basically Stevens is being charged for failing to disclose over $250,000 in gifts he received from 1999-2006, as well as improperly favoring fishing legislation that would benefit his son. For more on the specifics, PBS NOW covered the story extensively in November of last year.
Sen. Ted Stevens, the longest-serving Republican in the U.S. Senate and one of the chamber's most powerful members, was indicted Tuesday in Washington for failing to disclose more than $250,000 worth of gifts that he received from businessmen who were seeking his help on federal issues and projects.
The seven-count indictment charges Stevens with making false statements by failing to disclose things of value he received from the Veco Corp., an Alaska-based oil services compmany, and from its CEO, Bill Allen, over an eight-year period.
In real world terms, this has huge ramifications for the Republican Party. Stevens is up for tough reelection this year and is actually currently polling behind challenger and Anchorage mayor Mark Begich. Today's news may very well put us one seat closer to that coveted super-majority.
Kos has more on where the Alaska Republican party now finds itself.