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have been overdrawing

  • present perfect progressive
    of overdraw.
    overdraw
    verb (used with object)
    to draw upon (an account, allowance, etc.) in excess of the balance standing to one's credit or at one's disposal.

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Yet for decades, California farmers have been overdrawing many of the state’s water-holding formations — its aquifers — even in years when surface water for irrigation was plentiful, the equivalent of overdrawing a checking account.

From New York Times Apr. 5, 2015