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There is no doubt that California Gov. Gavin Newsom is a suave politician — but there is one thing he is not good at, and that’s managing a budget. Last week California’s Legislative Analyst’s Office announced that the state currently has a $73 billion shortfall (up from $58 billion), and that its financial prospects over the next few years aren’t good. On today’s episode of The Spectator P.M. Podcast hosts Ellie Gardey and Aubrey Gulick discuss the impending financial disaster that could hurt Newsom’s shot at the White House and talk about all the liberal pet-projects he has been squandering tax-payer money on. Read Ellie’s latest piece on Newsom here and tune in to hear the analysis!