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My guess is that Trump doesn't want to cave, or he'll look weak to his base. But, he also doesn't want to follow through on his veto threat and have to take full responsibility for the shutdown at that point.
As things stand five Republicans have expressed a desire to vote for the same bill they previously agreed to. If a few more Republicans break it will be very difficult for McConnell to justify not bringing the bill to a vote, and so sooner or later he's going to have to give up the ghost and allow a floor vote.
Then the bill will pass and Trump will threaten to veto, but will ultimately let it go into effect, at which point he will blame McConnell and the senate Republicans for caving, and they will become the villians in right-wing media, which will enable Trump to wash his hands of the issue.
As things stand five Republicans have expressed a desire to vote for the same bill they previously agreed to. If a few more Republicans break it will be very difficult for McConnell to justify not bringing the bill to a vote, and so sooner or later he's going to have to give up the ghost and allow a floor vote.
Then the bill will pass and Trump will threaten to veto, but will ultimately let it go into effect, at which point he will blame McConnell and the senate Republicans for caving, and they will become the villians in right-wing media, which will enable Trump to wash his hands of the issue.