Israel doesn't need the aid, it is given to keep Israel tethered to the US. Most of the aid money is spent in the US, Israel is forced to buy combat rations and combat boots in the US, these jobs can be moved by to Israel. Israel is forced to buy Boeing jets for El Al even though Airbus offered a better deal. Ending the aid will give Israel much more independence. The time has come to phase the aid out.
Iran: IAEA visit to U.S. Senate damages UN neutrality (DPA)
from the article: U.S. think-tank: Obama should rethink military aid to Israel