President Obama is exaggerating the impact of the across-the-board federal spending cuts known as the sequester, Sen. Tom Coburn (R-Okla.) said Sunday.

"Absolutely," Coburn responded on "Fox News Sunday," when asked whether Obama was overstating the impact of the cuts, which are set to begin Friday. The Republican later added: "There [are] easy ways to cut this money that the American people will never feel."

Obama and his administration officials have been warning about the impact of the sequester in areas like education, defense and transportation. Coburn said sequestration is a "terrible" idea, but argued that the impact of the cuts will not be as severe as the Obama administration has been claiming.