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.

More than eight million New York households will be receiving an inflation refund check up to $400. There is no need to apply or sign up.