julie kurt is has details from washington. >> reporter: with the economy in a slump and unemployment at 9.6% president obama travels west to talk about the economy. first to milwaukee on labour day. and to cleveland on wednesday where he will layout his new plans. he will propose a permanent extension of a popular tax credit. that's a break for business research done in the u.s. aides say itwill be paid for by closing other corporate tax brokes. also under consideration by the obama white house is an extension of hiring incentives and a payroll tax holiday. the reaction to obama's latest process pose ales on fox news sunday. >> my reaction is we always like to see death-bed conversions. but the fact if we would have done this kind of thing nearly a couple of years ago we would be in a lot better shape. >> it is not a death-bed conversion. there are a series of tax cuts for businesses. but in being althoughing at the pace of the recovery thank goodness we are not shrinking, we are growing. the president will address additional steps to get us growing again. >> reporter: president obam