President Obama says his administration is on track to double its exports over the next five years, one of many keys to a revived economy.

"And that means more jobs," Obama told the President's Export Council he created shortly after setting the increased trade goal at his State of the Union earlier this year. "We're six months into what is going to be a five-year long process."

Trade is related to a host of other policies that are designed to boost the economy and jobs, particularly higher education standards, Obama told the group that is looking at ways the U.S. can increase exports.

The trade and job pictures will also be helped by legislation the Senate is expected to pass later today, Obama said. The bill creates new tax breaks and loan programs for the owners of small businesses -- "some of which will be exporters," Obama said.

(Posted by David Jackson)