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

1797

The world's first recorded parachute jump occurred from 3,300 feet (1,000 m) above Paris.

2013

The Marvel superhero movie 'Thor: The Dark World' premiered in London, UK.

1942

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

2022

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

1979

The Walt Disney World Resort in Florida received its 100-millionth visitor.

What Happened on Oct 22?

What Happened in 1981?