A survey of U.S. service firms says the sector expanded at a slower pace in April than March, as companies reported less business activity and couldn't raise their prices. Full story
(Reuters) - Proposed U.S. tax increases on futures trading would hurt liquidity and are ultimately unlikely to become law, CME Group Inc <CME.O> Executive Chairman Terrence predicted on Thursday. Full story
U.S. economic growth accelerated to an annual rate of 2.5 percent from January through March, buoyed by the strongest consumer spending in more than two years. Government spending fell, though, and tax increases and federal budget cuts could slow growth later this year. Full story
Roll Call’s David Hawkings, former DNC Spokeswoman Karen Finney and Indiana Republican party spokesman and former communications aide to President George. W. Bush, Pete Seat, join The Daily Rundown’s Chuck Todd to discuss Rep. Greg Walden’s stance on chained CPI.
Congressional leaders say they’re trying to break the stalemate and start passing budgets – instead of living crisis to crisis – but there’s no sign of agreement on the major hurdles: entitlement cuts and tax increases. Former Sen. Olympia Snow, R-Maine, discusses.
Rep. Kevin McCarthy discusses the Republican Party’s desire for reduced spending and whether there’s any chance for a tax increase to be included in a budget bargain.
Politico Playbook: President Obama is continuing his outreach by meeting with House Republicans, but are these steps doing anything to heal the major partisan divide in Washington? Joe Scarborough does feel the gestures are significant, and Jim VandeHei joins Morning Joe to offer more on the story.
The Senate Democrats' budget includes over $1 trillion in savings through a mix of tax increases and spending cuts, with Robert Costa, National Review; Sen. Tom Coburn, (R-MD); and Jared Bernstein, Center on Budget and Policy Priorities.
Gas prices are displayed on Friday, April 19, 2013 in Montpelier, Vt. The Vermont Senate has pulled back somewhat on a gasoline tax increase passed by the House, but has made up for that by increasing the diesel tax. In an unusual move, the Senate gave its version of a transportation budget bill pre