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House of Representatives passes delay of medical device tax
The U.S. House of Representatives has passed a $650 million tax break package that will delay the 2.3% tax on medical devices by a minimum of 2 years.The measure was approved by a 318-109 vote and is the first part of a deal to avoid a potential government shutdown. The legislation will go to the Senate upon House approval of the $1.1 trillion omnibus spending bill, which is expected to occur on Friday.