Watch Live: Treasury Secretary Steven Mnuchin Testifies on Budget Plan

May 24, 2017

Treasury Secretary Steven Mnuchin is scheduled to appear before a House committee Wednesday afternoon to discuss President Trump's proposed budget plan on Wednesday.

The budget proposals have already drawn criticism from Democrats due to its large cuts to the social safety net, which includes programs like Medicaid. And while the president has proposed reducing funding for programs like Medicaid and the Centers for Disease Control and Prevention, it would increase funding for the military and border security.

Critics have argued that the proposal "double-counts" a projected $2.1 trillion in revenue growth, which is currently used to both pay for tax cuts and bring down the deficit.

Some Republicans have also acknowledged that the $4.1 trillion budget is unlikely to pass as proposed, with some vehemently opposing certain provisions.

Mnuchin is expected to speak at the House Ways and Means Committee at 2 p.m. E.T. Watch his testimony live above.

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions