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Budget Data Shows Hints of What's to Come

Bob Johnson says there's good news with payroll taxes, but individual income and corporate taxes showed no growth while interest expense rose.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. With federal budget data through April, I'm here with Bob Johnson, he is our director of economic analysis, who thinks that it's giving us a preview of what the budget could look like in the years to come.

Bob, thanks for joining me.