David M Jackson

USA TODAY

Donald Trump seeks to stabilize his presidential campaign Monday with an economic speech that includes a proposed moratorium on new federal regulations.

The plan to be outlined before the Detroit Economic Club is also expected to include a call to exclude child care expenses from taxation.

"For too long we have watched as President Obama and Hillary Clinton have ruined our economy and decimated the middle class," Trump said last week in announcing formation of a new economic advisory council. "I am going to be the greatest jobs President our country has ever seen. We will do more for the hardworking people of our country and Make America Great Again.”

Trump's Detroit speech is at noon ET.

Donald Trump to flesh out economic plan today in Detroit

Statements from the Trump campaign do not provide details on some of his plans. It does not, for example, define which "new regulations" might be subject to moratorium, though it would presumably include rules issued by the Obama administration.

The speech comes after days of turmoil for Trump's campaign, which finds itself trailing Democratic rival Hillary Clinton in many polls.

Many Republicans criticized Trump for dismissing the comments of a Muslim couple who lost their son In Iraq. GOP members also attacked Trump for his reluctance to endorse House Speaker Paul Ryan in his primary race this week (something Trump finally did on Friday).

Trump's economic plan includes proposals he has offered before, including a call to reduce the corporate tax rate to 15% from 35%.

The plan is organized into four areas, the campaign said: tax cuts, changing trade deals, reducing regulations and promoting new energy development.

The Clinton campaign offered its own preview of Trump's speech, saying his tax plans would favor the rich. They also noted that the Republican plan does not include an increase in the minimum wage, no paid family leave, and little else to help the middle class.

"A Trump presidency would cause damage to the American economy and working families," the Clinton team said in a memo.