McConnell: Senate won't take up TPP this year
© Getty
Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellCollins: 'Extremely disappointing' ObamaCare fix left out of spending deal House poised to vote on .3T spending bill Budowsky: Stop Trump from firing Mueller MORE (R-Ky.) appeared to close the door Thursday on the Senate taking up the Obama administration's signature Asia-Pacific trade deal during what's left of the president's term.
"The current agreement, the Trans-Pacific [Partnership], which has some serious flaws, will not be acted upon this year," McConnell said at the Kentucky State Farm Bureau breakfast Thursday. 
But McConnell said that while the trade agreement won't get approved in its current form, it could pass next year with some changes.
"It will still be around. It can be massaged, changed, worked on during the next administration," he said. 
Republican presidential nominee Donald TrumpDonald John TrumpHouse expected to vote on omnibus Thursday afternoon House passes 'right to try' drug bill Spending bill rejects Trump’s proposed EPA cut MORE and Democratic nominee Hillary ClintonHillary Diane Rodham ClintonTrump can save Republicans and restore sanity to California in 2018 Breitbart News denies readership drop, alt-right label Mellman: The next war MORE have both come out against the agreement. The trade fight has also spilled over into the battle for the Senate as Republicans defend 24 Senate seats, with vulnerable GOP Sens. Rob PortmanRobert (Rob) Jones PortmanOvernight Tech: Zuckerberg breaks silence on Cambridge Analytica controversy | Senate passes sex trafficking bill | EU pushes new tax on tech | YouTube toughens rules on gun videos Senate passes controversial online sex trafficking bill GOP leaders to Trump: Leave Mueller alone MORE (Ohio) and Pat Toomey (Pa.) coming out against the deal. 
McConnell helped spearhead the Trade Promotion Authority (TPA) through the Senate last year. The law allows any future trade deal to be fast-tracked through Congress without changes. The Kentucky Republican joked Thursday that passing the TPA was a "rather unusual experience." 
Obama has pledged to push the deal until he leaves office, including sending a drafting document to lawmakers earlier this month, but it has lost momentum on Capitol Hill.
McConnell previously said it was unlikely the deal would get a vote, and Speaker Paul RyanPaul Davis RyanHouse Dem moves to force vote on bill protecting Mueller Collins: 'Extremely disappointing' ObamaCare fix left out of spending deal House poised to vote on .3T spending bill MORE (R-Wis.) has said the agreement doesn't have the votes to pass the House. Top Senate Democrats are also vocal opponents.