The unequivocal promise "no new taxes" is a bad notion. It has the fiscal effect of painting oneself in a corner, artificially disabling a politician from flexibility in funding new crises.
In general, I'm not in favor of most taxes, but we need to keep our governmental flexibility open. It's true: the federal government and to a lesser degree the state spends money unwisely. No, profligately! But that spending is comfortably earmarked, and new crises are sure to come.
Therefore, wisdom would dictate that at least temporary tax increases would be necessary.
The state legislature should not "borrow" or loot from the Special Education Trust Fund or other funds for specified reasons. Instead, our representatives should seek out a reasonably fair degree of taxes that would also produce a relatively consistent revenue stream.
On the national level, I'm so glad the fiscal cliff was avoided. Both parties in Congress deserve credit for making it harder than it needed to be.