President Obama is again going after tax breaks for oil companies and the owners of corporate jets -- this time to help pay for his jobs bill.

Eliminating provisions that help large corporations and upper-income Americans -- which was part of the summer debate over raising the debt ceiling -- are to be included as part of the financing plan for the $447 billion jobs plan Obama proposed last week, according to White House Budget Director Jacob Lew.

"In the aggregate, these provisions actually raise $467 billion," said budget director Jack Lew, about $20 billion more than the anticipated cost of the jobs package.

The "pay-fors" are likely to revive the debate over whether higher taxes threaten job growth, as Republicans say, or whether wealthier Americans should contribute more to help create jobs and reduce the national debt, as Obama says.

Other proposed revenue raisers have come up before. One is eliminating certain itemized deductions for individuals who make more than $200,000 a year, and families more than $250,000. Another proposed revision of the tax code would affect the interest earnings of hedge fund managers.

"We have choices to make," Lew said.

There are no proposed cuts in the plan to offset the cost of the jobs bill, only new taxes.

The new tax plan would finance the Obama jobs plan that includes other tax breaks for employers and their workers, new infrastructure projects and extensions of unemployment benefits.

"We can't afford everything," White House spokesman Jay Carney said. "We have to make choices."

In speeches promoting the plan, Obama and aides have cast the issue as a choice between jobs and tax breaks for the wealthiest Americans.

"Do we keep tax loopholes for oil companies, or do we put teachers back to work?," Obama said. "Should we keep tax breaks for millionaires and billionaires -- or should we invest in education and technology and infrastructure, all the things that are going to help us out-innovate and out-educate and out-build other countries in the future?"

When Obama pitched these ideas back during the debt ceiling debate, some Republicans opposed them as tax hikes that would target job creators and slow the economy. Obama didn't win any of the tax changes he proposed.

Brendan Buck, a spokesman for House Speaker John Boehner, said, "It would be fair to say this tax increase on job creators is the kind of proposal both parties have opposed in the past."

"We remain eager to work together on ways to support job growth," Buck said, "but this proposal doesn't appear to have been offered in that bipartisan spirit."