The US President Barack Obama is proposing to pay for his 447 billion dollar jobs plan with taxes on the wealthy. Republicans objected to the proposal, saying the president wanted to bill job creators. Mr Obama's payment plan includes limiting tax breaks, removing loopholes for oil and gas firms and higher taxes for hedge-fund Managers. Mr Obama called on voters to demand that Congress pass the bill quickly. Mr Obama has repeatedly said his plans will not add a dime to the deficit and on Monday the White House began laying out the details of how the extra funding will be raised.White House Budget Director Jacob Lew said President Obama would propose a series of tax increases to fund the bill. Tax loopholes for oil and gas companies would be closed, and there would be changes to the way corporate jets are taxed as well as taxes on the interest earned by fund Managers. Mr Lew said that the President would build a cushion of 20 billion dollars into the cuts in order to ensure the whole programme was paid for.Mr Obama's plan will be submitted to the new congressional super-committee tasked with cutting 1.2 trillion in federal spending. The super-committee will have the option to accept Mr Obama's proposals or offer new ones.Mr Obama is due to travel to Mr Boehner's home state of Ohio on Tuesday to promote his jobs plan after he visited Mr Cantor's electoral heartland of Richmond, Virginia, on Friday. On Wednesday, Mr Obama will try to rally support for his jobs plan in North Carolina.