That's not what it sounds like at all to me. Sounds more like the Fed saying, "I'm not going to fix your entire problem. You put in X-amount of dollars, and then I'll help you out with the rest."

Somewhere in the equation is a threshold of X-amount set by the Fed, either arbitrarily or through some mind-numbing algorithm. Whatever. Washington state just happened to realize that by spending an addditional small amount--relatively speaking--they gained a good amount in return. It's actually quite smart and quite common in business practice.