New York will soon be sending inflation refund checks to eligible residents. They're expected to hit the mail this fall.Gov. Kathy Hochul announced the details of the plan Wednesday, calling the idea "profoundly simple,

The checks, at a cost of $2 billion, are a political move that the state cannot afford, some lawmakers say. They will be distributed to millions of New Yorkers this fall.

joint filers can receive up to $400, depending on their income level, while single tax filers can get up to $200.