Obama and Romney to meet for lunch

  • U.S. President Barack Obama is due to have lunch at the White House with defeated Republican election rival Mitt Romney later today.

    The meeting will be their first since Obama beat Romney in the November 6 election.

    Speaking after his victory on election night, Obama vowed to meet with the former Massachusetts governor to discuss how to "move this country forward".

    The pair fought a vicious campaign battle and sparred aggressively over policy.

    The media will not be allowed to cover the lunch, the White House said on Wednesday.

    The lunch comes as Obama and his Democratic party negotiate with congressional Republicans over the impending "fiscal cliff", a combination of tax rises and spending cuts set to come into place in the new year.

    During his campaign, Romney pushed for sharp spending and tax cuts to fix the deficit while Obama insists the wealthy should pay higher taxes.