PERTH AMBOY, N.J. (CBSNewYork) — Standing in front of one of the state’s 2,300 structurally deficient bridges, Rep. Frank Pallone said the clock is ticking to re-authorize the Federal Highway Trust Fund.

“Theoretically on May 31, if we don’t do something in the next two weeks, everything stops,” Pallone told WCBS 880’s Jim Smith.

READ MORE: Tri-State Area Police Departments Travel To Harlem In Tribute To Fallen NYPD Officer Jason Rivera

The trust fund could run out of money this summer.

READ MORE: NYPD: Wounded Officer Wilbert Mora Being Transferred To NYU Langone Medical Center, Still In Critical Condition

Sen. Bob Menendez said not investing in infrastructure would jeopardize commerce, jobs and the economy.

“I categorically reject the idea that we can’t afford to fix our transportation system. We can’t afford not to fix it,” Menendez said.

The lawmaker accused Republicans of trying to fund the program only through December, while Democrats want a multi-year deal, Smith reported.

MORE NEWS: Police: 62-Year-Old Pushed Onto Subway Tracks In Lower Manhattan

“We can’t keep pretending the problem is going to resolve itself,” Menendez said.