House appropriators are set to give the agency that handled Operation Fast and Furious the exact funding requested by President Obama, which is an increase in funding since last year.

"The legislation contains $1.2 billion for the [Bureau of Alcohol, Tobacco, Firearms and Explosives] ATF, $1 million above fiscal year 2012 and the same as the [president's] request," the House Appropriations Committee explained last month.

President Obama has threatened to veto this appropriations bill because, among other things, it limits the gun control authority of ATF.

"Preventing the Bureau of Alcohol, Tobacco, Firearms and Explosives from requiring licensed firearms dealers in four border States to report information on the sale of multiple rifles or shotguns to the same person would hamper efforts to address the problem of illegal gun trafficking along the Southwest Border and in Mexico," the Executive Office of the President said in a statement on the legislation.