Democratic Leaders in the Senate are looking to advance legislation in early 2014 that will significantly increase the minimum wage for employees. Legislation titled “The Minimum Wage Fairness Act,” S.1737, sponsored by Sen. Tom Harkin (D-Iowa) would increase the federal minimum wage nearly 40 percent from the current $7.25 an hour to $10.10 over two years and automatically index the wage rate to inflation thereafter. More