This video discusses a proposed ATF regulation regarding the annual reporting of ammunition, black powder, and related components. Constitutional attorney Mark Smith explains why 2A supporters should not panic, citing federal statute 18 USC 845 which exempts small arms ammunition and certain black powder quantities for sporting purposes. The analysis highlights the specific definitions of "ammunition" and the exemptions provided by law. The content also references the author's background and the "four boxes" of American liberty.
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