We just got a decent tax increase that had a negative effect on the economy. Another one right behind it is a pretty terrible idea.
And I'm not sure what's wrong with giving over control of the cuts to Obama. Cuts were the deal when the sequester legislation was signed. The sequester was Obama's idea. Obama wants to move the goalposts when the time comes, so Republicans throw up their hands and say "Fine, you decide what to cut." and Obama threatens to veto the legislation? Fucking joke.