A lot of folks have taken to calling Bruce Rauner “Governor 1 Percent” because of his immense personal wealth. Rauner himself told the Chicago Sun-Times during the 2014 campaign that he was in the top one-tenth of 1 percent of income earners.
But, right now anyway, he ought to be referred to as “Governor 1.4 Percent.”
Stay with me a bit and I’ll explain.
I sat down for an interview last week with Rauner. As he does with just about every reporter, the governor blamed House Speaker Michael Madigan for stifling his beloved Turnaround Agenda. Rauner said he was “frustrated” with Madigan for saying that the anti-union, pro-business reforms were “unrelated to the budget.”
“For example,” Rauner said, “if we can get business regulatory change so I can recruit manufacturers here and more transportation companies here, and more businesses here, we can generate billions of new revenue without raising tax rates. That’s directly tied to the budget.”
“Billions?” I asked.
“Billions,” he replied, while promising to send me a detailed analysis.