In short, anyone who is unable to manage their expenses for themselves would be prohibited from owning a firearm.
The President and his staff have said it time and again: their biggest disappointment was their inability to further restrict the rights of American citizens to keep and bear arms. Now with the end of his presidency looming, it looks like President Obama might be preparing to go “full retard” on gun control laws. The new proposal would specifically impact those who receive Social Security disability benefits, banning them from even owning guns if they fit a list of conditions that President Obama and his administration deem “dangerous.”
From the LA Times:
Seeking tighter controls over firearm purchases, the Obama administration is pushing to ban Social Security beneficiaries from owning guns if they lack the mental capacity to manage their own affairs, a move that could affect millions whose monthly disability payments are handled by others.
A potentially large group within Social Security are people who, in the language of federal gun laws, are unable to manage their own affairs due to “marked subnormal intelligence, or mental illness, incompetency, condition, or disease.”