If the NRA performs to its usual level, it'll huff and puff and come up with a 'compromise' solution that confiscation is OK so long as the NRA is part of the process.
So far as the Bush administration is concerned, their position will be that the RKBA is an individual right and individuals can appeal to the courts. Expect no action nor even much lip service.
If people like Grut perform up to their usual level they will do a bunch of typing and griping and nothing else.
Do something or be part of the problem