On the recordFebruary 23, 2009
It would reduce the stimulus effect of the package, yes.
Source
congress.govEditor's note · Context
Bernanke confirms that reduced participation in unemployment benefits would lessen the stimulus impact.
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More from Ben Bernanke
Feb 26, 2013
Congress, I hope, has the foresight to see that interest rates will not be this low forever.
Jul 16, 2013
Our mission as set forth by the Congress is a critical one: to preserve price stability; to foster maximum sustainable growth in output and employment; and to promote a stable and efficient financial system that serves all Americans well…
Jul 17, 2013
monetary policy is not a panacea, so there is still plenty of room for Congress to address some of these problems
Feb 26, 2013
I sincerely believe our central bank's actions have provided critical support for our Nation's economic recovery.
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