With this particular cutout I used plain old black paper from Michael's. I don't even know the paper weight, but I am guessing it is about 65 lb weight.
On the Pazzles machine I set my blade to 2 and pressure of 33. Two things I will do differently with this cut is make the border thicker and expand the hole in the Y.
The images are from my Pazzles Inspiration Studio library. I won't be using this cutout for anything because it was a test to see if I could do this successfully.
Also, I would not dare use that orange paper. It is too "in my face" even though I love orange. :-)