On the podcast this week, we look back at the 1996 election in a conversation with Anshel Pfeffer, an Israeli journalist and the author of the biography Bibi: the Turbulent Life and Times of Benjamin Netanyahu.
Such a government would enjoy a comfortable majority in Israel's 120-seat parliament and enable it to take hard decisions on public spending cuts and the future of controversial military service exemptions for ultra-Orthodox Jews free of pressure from special interest groups.
Netanyahu, who narrowly won a historic fifth term this week, promised at the end of the election campaign that he would annex at least parts of the West Bank - a move that would effectively preclude a negotiated deal for a Palestinian state.
US President Donald Trump phoned Israeli Prime Minister Benjamin Netanyahu on Wednesday to congratulate him on his re-election, and Netanyahu said he thanked his ally for "tremendous support for Israel".
Netanyahu appeared all but certain to form the next government, as the final tally showed his Likud party capturing 36 seats in the 120-seat Knesset, edging past Blue and White, which got 35 seats.
Trump told reporters at the White House that Netanyahu's re-election improved the chances of peace between Israel and the Palestinians.
Intensive coalition negotiations could drag on for days or even weeks.
Yair Lapid who was supposed to rotate the Prime ministership with Gantz said "We did not win in this round".
While ballots were still being counted, the Blue and White leaders officially conceded defeat on Wednesday, and vowed to fight the prime minister from the opposition.
The close race between the two main parties had led to uncertainty after polls closed Tuesday night and exit surveys were released.
The close and often vitriolic contest was widely seen in Israel as a referendum on Netanyahu's character and record in the face of corruption allegations. While his coalition partners are willing to support him now because of his command of Israel's right-wing constituency, that support could be imperilled if charges of bribery or breach of trust are handed down by Israel's Attorney General, Avichai Mandelblit.