Formula means there is a particular allocation of the total amount of money that's based on a very specific formula. Transportation is a good example of this. A lot of transportation, dot, state, dot. Money is formula based. It's just sometimes the formula is wrong. Like how many, you know, drivers do you have? How many, how many miles of roadway do you, you have, how big is your district? (1:00:21–1:00:27)
CLAIM
Asserts that much of the transportation funding is based on a specific formula.
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