The Republicans want to cut foriegn aid to all countries; and the money that Israel has been receiving for decades will come under scrunity. Israel will gain some strong friends in Congress when it becomes Republican, but Americans want peace treaties to balance the equation of giving and giving to Israel with no benefits.
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Livni: Shaked's annexation bill would lead to bi-national state with Palestinian majority in Knesset
from the article: Obama's defeat will definitely not be Netanyahu's victory