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Contingency account is really a gimmick. what it does is fund these unauthorized wars off budget. they're asking for $174 billion in defense, yet they're cutting the state department, our nondefense diplomatic initiatives by 23%. this shows who they are. they really have this notion that remember steve bannon, who said he wanted to deconstruct the administrative state. they're going after domestic spending in a way that is so damaging to the most vulnerable, to the middle class, to working men and women. it's not a budget that we can support. you even look at what he's put in there for his fak...

Brinksmanship. it's about the president, how hard does he push the party, and you have to feel for mitch mcconnell because you know he's not in the same place when it comes to these issues. >> the president wants $750 billion, and the spending cap is $576. that's $174 billion apart. they said they would go to the operating fund, which is kind of a cheesy way to pay the debt. that's always been the hook, right? democrats and republicans have to get together. what's your sense right now of how the administration wants this done? >> it's interesting, they've requested a 5% increase in defense spe...

>> reporter: now at home, the little girl's mother believes the shooting was a hate crime that has left a surviving daughter shell-shocked. >> she hasn't dropped a tear, and it scares me. it scares me, because i don't know what's going on in her head. >> just an awful story. will carr with us from houston tonight. and will, authorities are now investigating whether this could be connected to a similar shooting in 2017, an african-american man was randomly shot by a white man in a pickup truck, and they never solved that case? >> reporter: that's right, david. tonight, the sheriff says there's ...

>> thanks so much for joining us tonight. stories as we come on the air. nancy pelosi is back as speaker, as democrats take control of the house today. what she declared. and what pelosi said earlier when asked whether a sitting president can be indicted. and late this afternoon, president trump and his surprise appearance in the white house briefing room. also breaking, the dangerous police chase unfolding on live tv. the horror when the suspect runs over a person driving a scooter. that person survives. the suspect surrounded. new video just out tonight after that 7-year-old girl was sho...

And tonight, why apple ceo tim cook and his explanation, his words might rattle investors even more. abc's whit johnson on wall street tonight. >> reporter: tonight, a grim outlook for tech giant apple, their stock plummeting 10% today. erasing more than $74 billion in value. the drop roiling markets, helping to drag down the dow by 660 points. it all started when ceo tim cook announced apple expects to miss its first quarter revenue projections by $5 billion. the first time in 16 years, blaming poor iphone sales in china. >> what i believe to be the case is the trade tensions between the unit...