Ballot Measure Seeks to Raise Calif. Minimum Wage

Many of the salespeople who'll keep those retail cash registers ringing this holiday weekend work for minimum wage. Right now that's $8 an hour. In September, Gov. Jerry Brown signed legislature that will raise it to $10 in 2016. But now support to raise it faster and higher is coming from an unlikely source -- Republican high tech entrepreneur Ron Unz. Earlier this week Unz proposed a state ballot measure for November of next year to raise the state's minimum wage up to $12 an hour by 2016. Unz is best known for another ballot measure, Proposition 227 in 1998, which essentially banned bilingual education in public schools. He spoke with Scott Shafer.