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UPI reports that the city of San Francisco will put it to the voters whether to raise the minimum wage there to $15 per hour, the result of an agreement between business leaders and local politicians.

The story says that "if passed, San Francisco's minimum wage would raise to $10.74, to $12.25 May 2015, then to $13 in July 2016 and $1 each year until 2018." The phase in is similar to the approach taken in Seattle, where the City Council raised its minimum wage to $15, though that increase is being challenged in the courts.
KC's View:
Democracy at work … though I think we can expect a lot of money to be spent on influencing opinions one way or the other.