A look through our 'crystal ball' into the near future

Monday - 10/1/2012, 1:36pm EDT

For Your Benefit

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October 1, 2012 - As the government's fiscal year begins, For Your Benefit co-hosts Bob Leins and Tammy Flanagan welcome in Federal News Radio Senior Correspondent Mike Causey, to discuss what may or may not happen in Congress in the next few months that will affect the pay and benefits of federal employees and retirees.

Despite the talk about sequestration and other changes that might be adverse to feds' pocketbooks, Causey says that history gives federal employees and retirees reason to remain optimistic.

"Be happy, don't worry," says Causey toward the end of the broadcast. "Sequestration is out there, but it may not happen.

"Remember, people have been worrying about the 'high five' replacing the 'high three' for about 20 years. It hasn't happened.

"Most of these things, there's nothing you can do about it: It's not a date certain you can retire to avoid it.

"There's really nothing you can do, so — you know — kind of relax," Causey advises.