Tertium Quids and Virginia Virtucon have both reported that Sen. Walter Stosch told Goochland Republicans that we "have to have more taxes this year".
While that is a worrisome statement, I wouldn't hit the panic button yet.
See, first of all, the House is solidly Republican again...and fiscally conservative for the most part. They have already declared Gov. Kaine's budget DOA. The Senate is already slightly tilted towards the Dems, who would support such a measure.
Last, but not least, the Governor-elect is a Republican. It's up to him to sign off on new taxes. Being that Bob McDonnell is not nearly as quick to raise taxes as Mark Warner is, I wouldn't start the panic of higher taxes just yet.