Biden: Michigan will get $2 billion for recovery

The Detroit News reports:

In an effort to boost Michigan's struggling economy, the U.S. Treasury Department is offering the state $2 billion in recovery bonds to attract jobs and private investment, Vice President Joe Biden announced today at a stop here.

The bonds made available today include funding for Wayne and Oakland counties and Detroit, he said. Those local governments will be among the top-10 recipients of a recovery zone bond program that's targeting states and communities hit hardest by the recession.

How much longer before California asks for "recovery bonds" ?