As far as Israel hitting Iran, there is a high possibility for that. They've been showing the world that they're ready to conduct bombing attacks on Iran, and I don't doubt that they may very possibly do this sometime soon. However, I just don't see American military going to Iran for this. It's kind of hard to call it at this point though, but Israel has been preparing to go through with it without American support.
As far as the draft is concerned though, I don't see that happening at all. That would be the straw that broke the camel's back I think, and I'm sure those in charge know this as well. Besides, there's really no need for it in my opinion. As I said, there's enough people signing up on a daily basis to the point that people have been turned away and even forced to separate early. The military will keep doing what it has been doing these past couple year, and that's restructuring the way the Air Force supports combat operations.
As far as making the benefits more attractive, no doubt that's what's happening right now. You've seen the new GI Bill that goes into effect next year? The college benefits are much better than they were before for anyone who's served at least 3 months of service after 9/11. Now it's 100% tuition at the highest rate for your state, money for books, and BAH of an E-5. Not too much incentive to stay in longer than one tour, but definitely some more incentive to enlist.