My baitcaster is less than 2 weeks old. I have braided line on it. My drag won't hold the line jus pulls off the spool with ease. Any ideas on what it mite be

You probably don't have it attached to the spool. Use a small piece of tape to affix 

the line to the spool.

to be clear.  Roadwarrior is suggesting the line is not holding to the spool and is spinning.  good times!!

18 minutes ago, roadwarrior said:

You probably don't have it attached to the spool. Use a small piece of tape to affix 

the line to the spool.

Or a base-backing of mono.

 

Braid will slip on the spool if it's not 'secured' in some fashion...it's not the fault of your drag.

Tie it through the holes in the spool and put a piece of electrical tape over it for one wrap.

I always use a mono backing. Its makes a spool of expensive braided line go further and the mono holds better to the spool than braid. 

Line is slipping on the spool. Braid without backing tends to do this.