NEW YORK (CBSNewYork) — New York is facing its largest budget crisis in more than a decade. Lawmakers will have to find a way to fill an estimated $6 billion gap in the budget.

New York State Sen. Andrea Stewart-Cousins is one of the people who holds the keys to the castle.

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

She’s the first woman to lead the state senate and she faces one of the toughest financial challenges since the Great Depression. Is there any way to close that gap without raising taxes?

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

Stewart-Cousins sat down with CBSN New York’s political reporter Marcia Kramer for this week’s episode of “The Point.”

The senate majority leader also made a surprising concession that New York lawmakers may have to look at changing the state’s new — but already controversial — criminal justice reform law.

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

Watch “The Point” Fridays at 6:30 p.m. and Sundays at 10:00 a.m., 2:00 p.m. and 8:00 p.m. streaming on CBSN New York.

How To Watch CBSN New York