Rep. Jerry Costello announced today that he will not run for re-election next year.
Updated: 12:32 p.m.
Illinois Rep. Jerry Costello (D) announced today he will not seek a 13th full term in 2012.
Costello, 62, who represents the southwestern Illinois 12th district, was first elected to Congress in a 1988 special election and he is currently the dean of the Illinois House delegation. He won his first full term with 53 percent of vote and never got under 60 percent in his subsequent elections.
"It has been a privilege and an honor to serve in the U.S. Congress for the past 23 years. However, I said when I was elected in 1988 and many times since that I did not intend to stay in Congress forever as I had other interests that I wanted to pursue," Costello said in a statement.
"I will miss the people but not the weekly commute from home to Washington, D.C.," he added.
Costello is the fifth House Member to announce he is retiring outright this cycle. Another 14 Members are running for Senate or other office. To see who else is leaving after this Congress, check out Roll Call's Casualty List.
Leaders from military and veterans service organizations joined Sens. Roger Wicker, R-Miss., Kelly Ayotte , R-N.H., and Lindsey Graham, R-S.C., at a press conference to urge the Senate to replace a provision in the budget proposal that cuts retirement benefits for veterans. Wicker, Ayotee, and Graham earlier called for a bipartisan solution to replace the $6.3 billion in cuts to military retiree benefits.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.