Reagan Stacks of Money

Did Ronald Reagan do a demonstration that showed a stack of one million dollars and then describe how big a stack of one billion dollars would be? I believe he would have used hundred dollars bills.

I am a complete idoit. Could one of the mods change that from Reagnn to Reagan.

On Feb 18, 1981 (about a week or two before he was shot, wasn’t it?):
“President Reagan warns a joint session of Congress that the national debt is approaching $1 trillion. “A trillion dollars,” he explains, “would be a stack of $1,000 bills 67 miles high.””

It’s also mentioned in passing at these sites:,10987,1101851014-142617,00.html

I didn’t see any mention of an actual demonstration.