I'm no expert, but I think the float measurement is from the time the valve closes, to the float bowl gasket surface. It will usually settle down lower(upside down) than where the valve actually closes. If you bent your tab to where is actually sits higher, (again upside down) then you have cut the fuel flow to nothing. You may be able to cut a piece of line so you can blow into the carb where the fuel would enter, to be able to listen to where the float valve stops the flow, or maybe you can tell where it closes by feeling a slight notch.
Then again, I may be way off. :coocoo:
It was probably set right to begin with, but maybe the needle was worn.