California Gov. Gavin Newsom is gloating once again about how much better his state is than its most prominent red state counterparts. He is probably hoping that noise drowns out his latest accounting blunder.

Newsom told legislators on Wednesday that the state would need to borrow $3.44 billion to make up a budget gap for Medi-Cal, the state’s Medicaid program. That is the maximum the state is allowed to borrow, and it will only cover spending for the program through the end of this month.