estimate of how many jobs we expect it to create. we will ask the cdfi s to track the data so we have something to compare it to. and we will also do a jobs audit. we have an independent third- party agency that will be able to go out and look at how the money was used about what jobs were created, and they will talk with some of the businesses and get an honest count. we want to be transparent. we want to be accountable. we want people to know what happened with this. it depends on a number of dollars is the short answer. the second question, we have not received much push back from anybody. we have received a lot of support. and there s a lot of a lot of excitement and denthusiasm about this. it is a sort of fundamental tenet of what america is about. we expect there to be bipartisan support. historically, we have been had bipartisan support. they are simply pragmatic solutions to real problems that affect real people every day. there is another tweet to ask you how y
year. the mortgage cannot have been previous to be financed under unless it is under harp unless it was a fannie mae loan from 2009. the home affordable refinance program was started in 2009 and helps homeowners to refinance rates. homeowners bypass the usual requirement of having 20% equity in the home. as of august 31, fewer than 900,000 homeowners and 72,000 under water homeowners have refinanced through the administration s program. the administration had said that it would help 4 million to 5 million homeowners. the front page of open quote usa today, the front page of usa today, marc sandy says it may lead to millions more loans. host: tavis from usa today. host: that is from usa today. the announcement from president obama made many papers this morning. we want to give your word on this. what is the will of the federal government in refinancing mortgages? caller: i think that the principle has to be cut. as long as they are staying away from the principal
deadlock there. also, today general david patraeus officially took command of the mission in afghanistan. a quote from him in this important endeavor teamwork is not an option. this is a tough mission. there is nothing easy about it said the general. on this independence day we have the question for you to open the program. is america exceptional? we have that from one writer from the new yo new york daily who says it is time to rescue the idea that america is exceptional. what do you think? [phone numbers on the line] host: we have this piece on this fourth of july titled bring back the old glory. he says the notion of american exceptionalism that it is a unique nation on earth if not in all history is in decline among much of the country s self-appointed chattering classes. they write the lion s share of books, magazines, editorials and blogs. that leads to the idea that america itself is in decline. it is a dangerous notion writes the author. not just on our 234th birthd