That's exactly what he'll do. Bush is Bush. He'll reach across the aisle in a spirit of bipartisan cooperation, which to the Dems will mean, give us everything we want. They think they've got a mandate.
And to all of those who think he'll find his veto pen, I doubt it. The only legislation he'll veto is WOT-ending bills. He'll try to stave off the withdrawal from Iraq. He may or may not be successful in that. Beyond that, I doubt he vetos anything.
THAT is why he got elected in 2000 because he worked with Democrats as Governor or Texas. The Republicans got too high and mighty and lost because of arrogance and over confidence. We need to stop the "We are better than you" attitude and get down to working on 2008 and the issues that got us a two term president.
I hope you are wrong. I think he must act like a leader and say if the democrats want to cut and run in Iraq, he'll veto the budget. If they raise taxes, increase spending, defund the border wall, he'll use his veto. If the left threatens to filibuster his judges he'll veto the budget.