The National Debt Exceeded $1 Trillion

On October 22, 1981

The US gross national debt exceeded $1 trillion.

The national debt soared due to Ronald Reagan funding heavily in arms and cutting taxes.

This Day in History - October 22

1948

In-N-Out Burger opened its first restaurant in Baldwin Park, Los Angeles, US.

2022

NASA announced that 16 researchers would be a part of a nine-month study on unidentified aerial phenomena or UFOs.

1934

American bank robber Charles Arthur Floyd, AKA Pretty Boy Floyd, was shot dead by the FBI.

1942

The American drama movie 'Now, Voyager' premiered in New York City, US.

1938

Inventor Chester Carlson created the first Xerox image.

What Happened on Oct 22?

What Happened in 1981?