$500M program aimed at curbing gun violence

Credit: AP Photo/Susan Walsh

Credit: AP Photo/Susan Walsh

President Barack Obama announced today $500 million will fund a program aimed at curbing gun violence.

In his speech, he said he wants a ban on military assault weapons and a limit of ammunition magazines to 10 rounds. Other points from Obama:

* Said 900 Americans have died from gunshot wounds since the Sandy Hook shooting a month ago

* Will sign directive giving law enforcement, mental health officials needed tools

* Called on Congress to “require a universal background check for anyone trying to buy a gun.”

Obama said while he wants restrictions put in place, he agrees with the right to bear arms.

“Let me be absolutely clear,” he said. “Like most Americans, I believe the 2nd Amendment guarantees an individual right to bear arms.”

Obama also said he respect’s the country’s strong tradition of gun ownership.