Governor Newsom calls it a “national model.” A new RealClearInvestigations report finds it something else entirely. In this episode of The Miller Report: Real Clear Journalism, Maggie Miller and Ana Kasparian break down her investigation into Project Homekey, California’s $3.75-billion homelessness program now plagued by inflated costs, empty units, missing oversight, and growing federal fraud probes. Homelessness in the state has risen by more than 20 percent during the program's tenure.

We discuss what the program fundamentally misses, why Governor Newsom vetoed bipartisan accountability measures, how oversight failed on such a massive scale, and whether Homekey is salvageable or fundamentally flawed as Newsom continues to pour hundreds of millions more into the program amid national political ambitions. Kasparian's full investigation can be found here.