Former Vice President Joe Biden’s plan to do away with the Protection of Lawful Commerce in Arms Act (PLCAA) could bankrupt the entire firearms industry.
President George W. Bush signed the PLCAA into law in 2005 as a way of protecting firearms manufacturers from frivolous lawsuits. But Biden campaigned on opening up firearm manufacturers to suits tied to the criminal misuse of the products they make.
On February 7, 2020, Breitbart News reported Biden telling a New Hampshire audience it was a “mistake” to give “gun manufacturers … a loophole that does not allow them to be sued for the carnage they are creating.”
He added, “The first thing I’m going to do as president is work to get rid of that, and it’s going to be hard.”
On February 24, 2020, Breitbart News reported that Biden looked into the camera during a South Carolina speech, called out gun manufacturers, and said, “I’m going to take you down.” Read more…