Obama To Meet With McCain Monday

Barack Obama will sit down with John McCain Monday for the first meeting between the former rivals since Election Day.

Obama-Biden transition spokesperson Stephanie Cutter released a statement early Friday morning announcing the planned meeting, which will take place in Chicago at Obama transition headquarters.

"It's well known that they share an important belief that Americans want and deserve a more effective and efficient government, and will discuss ways to work together to make that a reality," Cutter said in the statement.

She added that the pair will be joined in the meeting by Senator Lindsey Graham, a close friend of McCain who regularly appeared him on the campaign trail, and Congressman Rahm Emanual, who will be Obama's White House chief of staff.