Aren’t projects funded by bonds? The payments on which are predictable so why a sudden crisis?
They can be, but that doesn’t need to be the case.
I’m sure it differs from state to state, but a bond usually has to pay for something that will last as long as the bond term. So, a 15 year bond could pay for a new bridge...but couldn’t pay for pothole patching, etc.
Not that I agree with the notion that there’s an instantaneous crisis here - he’s acting as if there is a zero balance in the state highway fund, and if that’s true, the state should have never started these projects in the first place.