Article updated: 1/7/2013 6:19 AM

White House, GOP draw red lines in debt debate

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Members of the 113th Congress, many accompanied by family members, take the oath of office Thursday in the House of Representatives chamber on Capitol Hill in Washington.

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Struggling for the upper hand in the next round of debt talks, Republicans and Democrats this weekend drew lines in the sand they said they'd never cross when it comes to the U.S. debt limit. "I believe we need to raise the debt ceiling, but if we don't raise it without a plan to get out of debt, all of us should be fired," said Sen. Lindsey Graham, a South Carolina Republican.