In Tennessee it's a handgun license and only covers that (and rifles in the vehicle, loaded mag, empty chamber until you feel you may have to use it). Your mileage may vary. In Kentucky, for example, it's a concealed deadly weapons license and allows you to carry a myriad of things such as switchblades, ASPs, blackjacks, etc.
I prefer dangerous freedom over peaceful slavery.-Thomas Jefferson
I would rather die on my feet than live on my knees.-Euripides