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No, it really was the F-35 that killed the F-22. At the time the budget couldn't afford both the production of more F-22's and the waaaaay over budget F-35 development. There was also political pressure to kill the F-22, due to the perceived lack of any real competition from Russia and China at the time. Many politicians questioned why build more of these "super fighters" if F-15's and F-16's can kill most other Russian/Chinese designs. Of course, the decision to terminate production was before we knew the full extent of Chinese low observable fighter development.I'd rather say it's due to the fact it's the single most expensive aircraft per hour to fly ever made...
*EDIT*
Also the wars in Iraq and Afghanistan helped kill the F-22, since politicians figured most future wars will be similar to those two conflicts.