In 2009, the Harry Reid’s Senate rejected a Republican attempt to reduce the United States’ $180 billion annual contribution to the IMF. It will be a fortunate outcome if this situation shines a bright light on the amount of money that is being sucked out of our economy every year by this organization that is run by socialists — WITH THE CONSENT OF CONGRESS. For perspective, the Pentagon budget then was about $515 billion.
This is the kind of stuff that I wish that I didn’t know.
The United States does not give the IMF $180 billion every year. The IMF does not require an annual contribution from member countries, only a quota which is the total amount which must be contributed.
The IMF accounts for country contributions in SDR's (special drawing rights), which are made up of a combination of currencies. According to the IMF website, the US now has a contribution of 42 billion in SDRs in this fund, which is today worth about $67 billion.
During the financial crisis the IMF did set up an additional fund of $500 billion, of which the US contributed $100 billion in 2009. This was a one time contribution, not an annual payment.