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Obama, Romney to meet at White House Thursday

Associated Press Modified: November 28, 2012 at 12:15 pm •  Published: November 28, 2012
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Much of that debate centers on expiring tax cuts first passed by George W. Bush. Obama and Romney differed sharply during the campaign over what to do with the cuts, with the Republican pushing for them to be extended for all income earners and the president running on a pledge to let the cuts expire for families making more than $250,000 a year.

The White House sees Obama's victory as a signal that Americans support his tax proposals.

Obama and Romney's sit-down Thursday will likely be their most extensive private meeting ever. The two men had only a handful of brief exchanges before the 2012 election.

Even after their political fates became intertwined, their interactions were largely confined to the three presidential debates.

Romney has virtually disappeared from politics following his loss in the Nov. 6 election. He's spent the last three weeks largely in seclusion at his family's southern California home. He has made no public appearances, drawing media attention only after being photographed at Disneyland in addition to stops at the movies and the gym with his wife, Ann.

Former aides confirm that Romney is expected to move into an office at the Boston-area venture capital firm Solamere Capital. The firm was founded by his oldest son, Tagg Romney, and Spencer Zwick, who served as his presidential campaign's national finance chairman.

It's unclear what role, if any, Romney will play at the firm. Former aides said Romney was subletting office space from Solamere.

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Steve Peoples reported from Boston.