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Former President George W. Bush is going to be a grandfather! His daughter Jenna Bush Hager broke the news Wednesday morning that she's expecting.

The TODAY show correspondent broke the big news to morning show co-hosts Matt Lauer and Savannah Guthrie, saying tearfully, "I'm pregnant! We're so excited and obviously nervous about it. I'm a first-time mom. But it's something that I've always wanted. I'm a teacher and I love kids."

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This is the first child for both Jenna, 31, and husband Henry Hager, 34, who wed back in 2008 on her parent's Texas ranch.

This is sure to come as good news for George W. and his wife Laura Bush. Prior to the baby news, the former president, 66, commented to AARP The Magazine on not being a grandparent yet, saying, "I'm a little disappointed it hasn't happened yet. But the more disappointment I show, the less likely it is things are going to happen on the time table I want."

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