Sorry, massive or significant rebuild of those fighters will not occur. All it takes is a different outlook in congress and the votes to sustain it...and that is what is coming in in 2010...and will have to do even more in 2012 which I believe it will.
The F-22 can then be funded to the tune I have suggested, and I hope it will. With the J-20 being prominantly displayed do not be surprised to see it proposed...and then depending on the votes...
It may even move to some export of the F-22, particularly to Japan...but that would be later.
No, the F-22 is well and truly a dead issue. There are more reasons I can't state, but it's over for that airframe. The cost to remediate and service the existing fleet will almost break the bank. New airframes are out of the question.
Air Force depots can rebuild F-15's to like-new condition and upgrade them with the latest APG-79 radars for less than the cost of new build F-15's in the same way the A-10 inventory has been rebuilt and their airframe life extended beyond 20,000 hours. That is the plan as long as budgets hold.
The Congressional budget deficit committee is recommending new purchase F-16's in place of some of the Air Force's planned F-35A buy, and the CNO is leaning all over the Marines to buy fewer F-35B's and instead buy F/A-18E's and F's. Secretary Gates has told the Navy that their much publicized "fighter gap" ceases to exist if they reduce the CVN force from 11 ships to ten, telling the CNO they have to justify their force level to him. The Navy is doing that study right now, but to have a Secdef challenge the CNO so directly not typical and is something CNO's are not accustomed too.
Defense budgets
will shrink regardless of which party controls Congress. You are in a dream land if you think otherwise.