Israeli Prime Minister Benjamin Netanyahu listens as President Barack Obama speaks during their meeting, Monday, March, 5, 2012, in the Oval Office of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)

US Plans $1 Billion Annual Hike In Israel Military Aid

Israeli and American teams are putting together a plan to increase annual U.S. military aid to Israel by as much as $1 billion, on top of the current $3.1 billion.