For hundreds of thousands of New Yorkers, the check won't be in the mail -- at least not on time. New York State has stopped paying tax refunds and won't start again until next month.
The tax refund delay is part of a bigger cash crunch.
Message to New Yorkers: don't start spending your tax refund money because it's going to be delayed.
Half a billion dollars' worth of refund checks were put on hold last Friday, and state beancounters won't start sending you your money until at least April 1.
"I apologize that we had to do this. I hope it serves notice on the public of how serious our financial situation is," Gov. David Paterson said.
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