BUSINESS
01/18/2013 08:36 am ET Updated Mar 20, 2013

Here's How Obama And The Gun Industry Could Strike A Deal

Thanks to numerous White House hints and several Joe Biden photo-ops, we all know the outlines of the legislative package President Barack Obama is expected to announce Wednesday around midday: restrictions on so-called assault weapons and large-capacity magazines, more background checks, tougher enforcement of existing gun laws, better record-keeping on the mentally ill. It is no surprise that the gun industry, like the gun owners' lobby, the National Rifle Association, will fight fiercely against any kind of ban on semiautomatic rifles or ammo capacity.

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