To require any amounts appropriated for Members' Representational Allowances for the House of Representatives for a fiscal year that remain after all payments are made from such Allowances for the year to be deposited in the Treasury and used for deficit reduction or to reduce the Federal debt.

Requires any amounts appropriated for a representational allowance for a Member of the House of Representatives which remain after all payments are made under such allowance to be deposited in the Treasury and used for deficit reduction or, in fiscal years for which there is no Federal budget deficit, to reduce the Federal debt.

Requires publication in the Congressional Record of the amount deposited with respect to each Member and the total for all Members after each congressional session or period for which the allowance is made available.