President Obama to meet with Mitt Romney

President Obama and Mitt Romney will meet for a private lunch at the White House on Thursday — their first meeting since the election.

The administration announced the meeting on Wednesday and noted it will be closed to the press.

Romney will also meet with his vice presidential candidate, Rep. Paul Ryan (R-Wis.) on Thursday, a Ryan aide has confirmed to The Hill.

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The Romney and Obama sit-down comes amid a heated battle between Democrats and Republicans over the upcoming fiscal cliff.

Following his overwhelming election victory, Obama said he wanted to meet with Romney to discuss how he could work with the GOP nominee and Republican Party leaders on the economic challenges facing the country.

And during the White House briefing on Wednesday, press secretary Jay Carney said that there are "aspects" of Romney's record that Obama believes can be "very helpful," including his management of the Olympics.

"I don't have an agenda for the lunch," Carney said, adding that only the two men will be in the room. He did say they'll discuss ways of "making the federal government more efficient."

"I'm sure it will be a useful discussion," he said.

Carney did say Romney would not be considered for a cabinet position.

Romney has kept a low profile since Nov. 6, even as conservatives have clashed over the implications of his candidacy. While some say he was the best candidate in a weak GOP field, others say the party should have put forth a candidate with a cleaner conservative record.

— This story was last updated at 4:17 p.m.