To amend the Congressional Budget Act of 1974 to establish discretionary and mandatory deficit reduction accounts.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Cutting Earmarks And Savings 
Enforcement (CEASE) Act''.

SEC. 2. ESTABLISHMENT OF DISCRETIONARY DEFICIT REDUCTION ACCOUNT.

    (a) Discretionary Deficit Reduction Account.--Title III of the 
Congressional Budget Act of 1974 is amended by adding at the end the 
following new section:

               ``discretionary deficit reduction account

    ``Sec. 316.  (a) Establishment of Account.--The chairman of the 
Committee on the Budget of the House of Representatives and of the 
Senate shall each maintain an account to be known as the `deficit 
reduction Discretionary Account'. The Account shall be divided into 
entries corresponding to the subcommittees of the Committee on 
Appropriations of that House and each entry shall consist of the 
`deficit reduction Balance'.
    ``(b) Components.--Each entry shall consist only of amounts 
credited to it under subsection (c). No entry of a negative amount 
shall be made.
    ``(c) Crediting of Amounts to Account.--
            ``(1)(A) Whenever a Member or Senator, as the case may be, 
        offers an amendment to an appropriation bill to reduce new 
        budget authority in any account, that Member or Senator may 
        state the portion of such reduction that shall be credited to--
                    ``(i) the deficit reduction Balance;
                    ``(ii) used to offset an increase in new budget 
                authority in any other account; or
                    ``(iii) allowed to remain within the applicable 
                section 302(b) suballocation.
            ``(B) Whenever a Member or Senator, as the case may be, 
        offers an amendment to an appropriation bill dedicated to 
        deficit reduction, the amount of new budget authority so 
        dedicated shall be credited to the deficit reduction Balance.
            ``(2) If no such statement is made under paragraph (1)(A), 
        the amount of reduction in new budget authority resulting from 
        the amendment shall be credited to the deficit reduction 
        Balance, as applicable, if the amendment is agreed to.
            ``(3) Except as provided by paragraph (4), the chairman of 
        the Committee on the Budget of the House of Representatives or 
        Senate shall, upon the engrossment of any appropriation bill by 
        that House, credit to the applicable entry balances amounts of 
        new budget authority and outlays equal to the net amounts of 
        reductions in budget authority and in outlays resulting from 
        amendments agreed to by that House to that bill plus the 
        amounts of earmarks dedicated to deficit reduction (whether 
        offered as an amendment to the bill or included in the 
        chairman's mark of the bill at the request of a Member of that 
        House) agreed to by that House to that bill.
            ``(4) When computing the net amounts of reductions in new 
        budget authority and in outlays and the amounts of earmarks 
        dedicated to deficit reduction resulting from amendments agreed 
        to by the House of Representatives or Senate to an 
        appropriation bill and the amounts of earmarks dedicated to 
        deficit reduction that were included in the chairman's mark of 
        the bill, the chairman of the Committee on the Budget of that 
        House shall only count those portions of such amendments agreed 
        to that were so designated by the Members offering such 
        amendments as amounts to be credited to the deficit reduction 
        Balance plus the amounts of earmarks dedicated to deficit 
        reduction (whether offered as an amendment to the bill or 
        included in the chairman's mark of the bill at the request of a 
        Member of that House), or that fall within paragraph (2).
            ``(5) The chairman of the Committee on the Budget of the 
        House of Representatives and of the Senate shall each maintain 
        a running tally of the amendments adopted reflecting increases 
        and decreases of budget authority in the bill as reported to 
        its House. This tally shall be available to Members or Senators 
        during consideration of any bill by that House.
    ``(d) Calculation of Savings in Deficit Reduction Accounts in the 
House of Representatives and Senate.--
    ``(1) For the purposes of enforcing section 302(a), upon the 
engrossment of any appropriation bill by the House of Representatives 
or Senate, as applicable, the amount of budget authority and outlays 
calculated pursuant to subsection (c)(3) shall be counted against the 
302(a) allocation provided to the Committee on Appropriations as if the 
amount calculated pursuant to subsection (c)(3) was included in the 
bill just engrossed.
    ``(2) For purposes of enforcing section 302(b), upon the 
engrossment of any appropriation bill by the House of Representatives 
or Senate, as applicable, the 302(b) allocation provided to the 
subcommittee for the bill just engrossed shall be deemed to have been 
reduced by the amount of budget authority and outlays calculated, 
pursuant to subsection (c)(3).
    ``(e) Definition.--As used in this section, the term `appropriation 
bill' means any general or special appropriation bill, and any bill or 
joint resolution making supplemental, deficiency, or continuing 
appropriations through the end of fiscal year 2011 or any subsequent 
fiscal year, as the case may be.''.

SEC. 3. ESTABLISHMENT OF MANDATORY DEFICIT REDUCTION ACCOUNT.

    Title III of the Congressional Budget Act of 1974 (as amended by 
section 2) is further amended by adding at the end the following new 
section:

                 ``mandatory deficit reduction account

    ``Sec. 317.  (a) Establishment of Account.--The chairman of the 
Committee on the Budget of the House of Representatives and of the 
Senate shall each maintain an account to be known as the `deficit 
reduction Mandatory Account'. The Account shall be divided into entries 
corresponding to the House of Representatives or Senate committees, as 
applicable, that received allocations under section 302(a) in the most 
recently adopted joint resolution on the budget, except that it shall 
not include the Committee on Appropriations of that House and each 
entry shall consist of the `First Year deficit reduction Account' and 
the `Five Year deficit reduction Account' or the period covered by the 
resolution on the budget for that fiscal year, as applicable.
    ``(b) Components.--Each entry shall consist only of amounts 
credited to it under subsection (c). No entry of a negative amount 
shall be made.
    ``(c) Calculation of Account Savings in House and Senate.--For the 
purposes of enforcing section 302(a), upon the engrossment of any bill, 
other than an appropriation bill, by the House of Representatives or 
Senate, as applicable, the amount of budget authority and outlays 
calculated pursuant to subsection (d)(3) shall be counted against the 
302(a) allocation provided to the applicable committee or committees of 
that House which reported the bill as if the amount calculated pursuant 
to subsection (d)(3) was included in the bill just engrossed.
    ``(d) Crediting of Amounts to Account.--
            ``(1) Whenever a Member or Senator, as the case may be, 
        offers an amendment to a bill that reduces the amount of 
        mandatory budget authority provided either under current law or 
        proposed to be provided by the bill under consideration, that 
        Member or Senator may state the portion of such reduction 
        achieved in the first year covered by the most recently adopted 
        joint resolution on the budget and in addition the portion of 
        such reduction achieved in the first five years covered by the 
        most recently adopted joint resolution on the budget that shall 
        be credited to the First Year deficit reduction Balance and the 
        Five Year deficit reduction Balance, as applicable, if the 
        amendment is agreed to.
            ``(2) Except as provided by paragraph (3), the chairman of 
        the Committee on the Budget of the House of Representatives or 
        Senate, as applicable, shall, upon the engrossment of any bill, 
        other than an appropriation bill, by the House of 
        Representatives or Senate, as applicable, credit to the 
        applicable entry balances amounts of new budget authority and 
        outlays equal to the net amounts of reductions in budget 
        authority and in outlays resulting from amendments agreed to by 
        that House to that bill.
            ``(3) When computing the net amounts of reductions in 
        budget authority and in outlays resulting from amendments 
        agreed to by the House of Representatives or Senate, as 
        applicable, to a bill, the chairman of the Committee on the 
        Budget of that House shall only count those portions of such 
        amendments agreed to that were so designated by the Members or 
        Senators offering such amendments as amounts to be credited to 
        the First Year deficit reduction Balance and the Five-Year 
        deficit reduction Balance, or that fall within paragraph (2).
            ``(4) The chairman of the Committee on the Budget of the 
        House of Representatives and of the Senate shall each maintain 
        a running tally of the amendments adopted reflecting increases 
        and decreases of budget authority in the bill as reported to 
        its House. This tally shall be available to Members or Senators 
        during consideration of any bill by that House.
    ``(e) Definition.--As used in this section, the term `appropriation 
bill' means any general or special appropriation bill, and any bill or 
joint resolution making supplemental, deficiency, or continuing 
appropriations through the end of fiscal year 2011 or any subsequent 
fiscal year, as the case may be.''.

SEC. 4. CONFORMING AMENDMENT.

    The table of contents set forth in section 1(b) of the 
Congressional Budget and Impoundment Control Act of 1974 is amended by 
inserting after the item relating to section 315 the following new 
items:

``Sec. 316. Discretionary deficit reduction account.
``Sec. 317. Mandatory deficit reduction account.''.

Summary: Cutting Earmarks And Savings Enforcement (CEASE) Act - Amends the Congressional Budget Act of 1974 to require each of the chairs of the congressional budget committees to maintain a deficit reduction Discretionary Account and a deficit reduction Mandatory Account.

Prescribes procedures for the crediting to such accounts of the amounts of either discretionary or mandatory deficit reduction in any amendment to a bill that reduces the appropriate budget authority.