Senate President Sweeney is unveiling sweeping reforms to cut spending and tackle some of the biggest issues facing the state. A panel of 25 policy experts took a hard look at the state's finances and came up with a list of recommendations as to how to reform the state's financial health. He talks with Eric Landskroner about what he wants to do to turn that plan into action.

And for more analysis of the report -- and the NJ Transit crisis -- John Reitmeyer, Budget and Finance Writer for NJ Spotlight and Ashley Koning of the Rutgers Eagleton Polling Institute also join Eric Landskroner.

Watch NJ Power & Politics Friday nights at 9 p.m., also Saturdays and Sundays at 10 a.m., 12:30 p.m. and 4:30 p.m. on News 12 New Jersey.