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Abstract

Russia's War Budget

Sternberg, Fritz | March 26, 1949 issue

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The article presents information on Russia's war budget. The Russian Minister of Finance, Arseny G. Zverev, told the Supreme Soviet on March 10 that the Soviet Union was planning to spend almost 20 per cent more on its armed forces this year than last. In 1948 it spent 66,000,000,000 rubles for military purposes out of total revenues of 408,400,000,000 rubles, in 1949 it will spend 79,000,000,000 rubles out of 445,208,000,000. The U.S. intends to increase its military expenditures by about the same percentage, from $11,000,000,000 last year to $14,300,000,000 in the budget now pending in the U.S. Congress.

See Also:

BUDGET; ARMED Forces; WAR; UNITED States. Congress; SOVIET Union; UNITED States

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H.L. Mencken, "An Eminent American," July 11, 1923.

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