From the Article:
Why should government leaders and taxpayers care about an increase in resources at the IMF?
An increase in IMF resources makes eminent sense in a global economy that is bigger and more interdependent than ever, and in which the IMF is the closest institution we have to a global lender of last resort. You can think of the IMF a global financial fire department: as the global economy has grown, the IMF needs more resources to prevent local brushfires from spreading out of control.
Congress is understandably not focused on legislation to maintain the U.S. commitment to the IMF; in the partisan struggles on Capitol Hill, the IMF has been on the backburner. Now, however, the administration has begun providing much needed visible support for the legislation, and the omnibus appropriations bill provides an opportunity for the administration and Congress to move forward together on it.
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