The White House sees Obama's victory as a signal that Americans support his tax proposals.
Obama and Romney's sit-down Thursday was expected to be their most extensive private meeting to date. 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 election loss. He's spent the past 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.