Despite the discovery of some $90,000 hidden in his freezer by the FBI, embattled lawmaker William J. Jefferson, D-La., a member of the House Ways & Means Committee, said he would not resign from the House.

"There are two sides to every story," Jefferson said during a Capitol Hill press conference. "There are certainly two sides to this story."

He declined to discuss any further details.

According to reports, Jefferson was videotaped last year accepting a $100,000 bribe from an FBI informant. Several days later the FBI subsequently raided Jefferson's home in Washington and found the money in the freezer.

Jefferson, who represents New Orleans, was a co-sponsor of two separate tax relief bills passed last year in the wake of the destruction caused by Hurricane Katrina.

The reports cited an 83-page search warrant that the FBI used to in a search of Jefferson's office last week.

Jefferson said he expects to run for reelection in the fall.

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