The White House refuted a recent allegation made by a gun foundation. The allegation is that the White House is considering a limited ammo restriction that would increase the price of authorized ammunition.
A spokesperson for the National Shooting Sports Foundation told reporters on Friday that the Biden presidency allegedly told Winchester Ammunition “the government is proposing curtailing the industrial and manufacturing sale of lawful ammo created at the Lake City, Missouri facility.”
The National Shooting Sports Foundation has boosted its efforts on Capitol Hill, exceeding the NRA’s lobbying spending https://t.co/Oqh9kgmKIO
— The Wall Street Journal (@WSJ) June 18, 2022
Disrupting the Gun Market
At the moment, Winchester is permitted to sell surplus munitions after meeting the requirements of the military in the civilian sector.
However, Mark Oliva, the spokesperson for the NSSF, warned prohibiting the practice would “substantially reduce the supply of ammo in the consumer market and put the country’s warfighting preparedness at risk.”
Winchester and the NSSF are united in their vehement opposition to this measure.
"Gun Control" to me means: Improved background checks, higher age limit, caliber restrictions, limited ammunition and seizure of illegal guns.
NOT a total ban or convascation of legal guns.
We need to get real in the real World. pic.twitter.com/VNOzPnRm8x
— Grego (@Grego26108665) June 8, 2022
This method accounts for about 30% of all sales of 5.56 millimeters—223-munition-caliber weapons.
This week, a team of senators from both the Democratic and Republican parties made an announcement.
This announcement ended up revealing they had reached an agreement in principle on the structure of new legislation to impose more significant limits on weapons.
This bill has the potential to be enacted by the Senate if it can get the necessary votes as it did in the House of Representatives.
A total of 20 senators, ten from each party, have shown their support for the proposal by signing on as cosponsors. This indicates the legislation has the support to reach the threshold of 60 votes.
Gun Sales in the United States of America
Oliva issued a warning that the implementation of such a policy “puts in jeopardy the delicate negotiations of the structure deal that was consented to by the broad coalition of senators.”
A White House official told reporters that the findings on a possible ban “are way off.”
It is not uncommon for gun owners to rush to purchase firearms in the aftermath of mass shootings (like the ones that occurred in Uvalde, Texas and Buffalo, New York) out of a concern that new gun control laws will be passed.
This anxiety also motivates people to buy ammo, which has contributed to the current scarcity. After what happened in Uvalde, the stock prices of companies that made guns and ammunition went up exponentially.
Brian Marks, executive director of the University of New Haven’s Entrepreneurship and Innovation Institute made a statement about the rush to get guns after shootings.
He said the following: “the common theory is that this is an external shock, unforeseen, and as a result of a mass shooting, there is an assumption that legislative actions will be taken to potentially restrict ammunition and access to weapons.”