Unfortunately the strategy of kicking the can down the road does not solve our deficit problem. In fact it make matters much worst. America would be in a much better bargaining position if the Republicans allowed the sequester cuts to occur.
It's easier for elected officials to add spending than to cut spending. After the cuts occur, let Obama convince Americans that we need to increase the deficit. That is a much more difficult burden when the federal government has just had $4 trillion deficits and no fiscal balance in sight.