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Why is the downloaded contribution information saved as a text file (.txt) and not a spreadsheet like Excel?

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Why is the downloaded contribution information saved as a text file (.txt) and not a spreadsheet like Excel?

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There are over 70,000 records in some of the downloadable files. There are no limitations on the number of records that can be saved in a text file (.txt). Some versions of Excel will not allow more than 65, 536 records and would not allow you to save all 70,000 records.

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