OKLAHOMA CITY (AP) — Oklahoma Gov. Mary Fallin signed a bill late Tuesday that imposes across-the-board budget cuts to all state agencies, including public schools, for the remainder of the fiscal year.

Fallin signed the $6.98 billion general appropriations bill , which funds state agencies through June 30, after Republican leaders failed to reach a deal with Democrats on a sweeping package of tax increases that would have funded a teacher pay raise and helped stabilize the budget.

"Developing a budget in this difficult fiscal and political climate is never easy," Fallin said in a statement. "...