Cutting Earmarks And Savings Enforcement (CEASE) Act

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.