I hope he intends to act like a real leader in the White House and veto any temporary rate changes; the junior-high "let's play with rates every (x years or months)" attitude in Washington today is a big part of the anti-business environment that causes the economic slow-down.
They are no longer the Bush tax cuts. Obama extended them when he had the opportunity to veto them. As far as I know, Romney wants to make them all permanent and then address tax reform.