1. Short title This Act may be cited as the American Economic Independence Act of 2024 . 2. Report on economic integration between the United States and the People's Republic of China and risks to the national security of the United States (a) In general Not later than one year after the date of the enactment of this Act, and every 3 years thereafter for 15 years, the President, acting through the Director of the Office of Management and Budget (in this section referred to as the Director ), and in consultation with the officials specified in subsection (c), shall submit to Congress a report on— (1) the state of economic integration between the United States and the People's Republic of China