Sounds like something Obama would say.

Via Forbes:

The heat rose in Capitol Hill as Fed chief Ben Bernanke got grilled by policymakers, minutes after delivering bland prepared remarks. The Chairman rejected the notion that artificially low rates, set by the Fed, gave the U.S. a false sense security, allowing Congress to procrastinate. Bernanke also joked that “a trillion there, a trillion here” from the Fed wouldn’t solve the budget deficit, but that it was Congress’ job to figure it out.

“Monetary policy is no panacea” said Bernanke, repeating himself to Congress once again. The Fed Chairman had previously explained that quantitative easing remained on the table, but gave no hints as to what the Fed’s coming actions would be.

The political lines were clearly drawn at the Joint Economic Committee’s hearing on Thursday. Republicans had Bernanke in their sights, blaming him for doing too much and even considering a third round of QE. The Fed Chairman rejected those accusations, despite acknowledging that he “recognize[d] that rates are quite low,” before adding “we do have the tools that will allows to provide further accommodation.” In other words, don’t worry about how low rates are, we can push them down even further if the economy doesn’t pick up.

A defiant Bernanke told the panel that “the reason to keep rates low isn’t to accommodate Congressional fiscal policy,” rather it was meant to stimulate the economy, via wealth effects for consumers, lowering spreads, and cheapening mortgages, among other things. At one point, he questioned the assertion that low rates had helped the deficit build up, noting that the budget deficit was so large that irrespective of the level of rates (this is when he made his “a trillion there, a trillion here” statement), Congress had the incentive to fix the problem before it got worse.