From Strategy Page:
The global recession has hit Russia particularly hard, mainly because of the sharp drop in the price of oil and other raw materials. The Russian government gets most of its income from taxes on those raw materials exports. Thus the defense budget is being cut by 15 percent. There may be further cuts. There was no announcement of what programs would get cut. But based on past decisions, the nuclear weapons programs (land and sea ballistic missiles and submarines that carry them) will probably not suffer, and the ground forces will likely take most of the cuts.
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My Comment: I have always voiced the opinion that Russia is a paper tiger. The only thing that they have going for them is their nuclear stockpile. Take these weapons away .... and they have nothing.