From Politifact:
Both Republicans and Democrats would no doubt agree that Ryan’s plan for Medicare is a dramatic change of course. But we don’t agree with the ad’s contention that the proposal ends Medicare. Additionally, images in the ad imply that current seniors will have to go back to work to pay for changes to the program. That’s not true either. It’s actually those 54 and younger who will need extra money. With its scenes of seniors going back to work, it seems intended to frighten those who are currently enrolled in Medicare. Finally, the Republicans’ vote was symbolic and didn’t actually change the program. When you add up all those distortions, we find the ad highly misleading.
Here’s what is happening:
America turns off the lights, goes to bed, leaving their Mercedes in the driveway. While we sleep, the Republicans sneak into the car, drive it off, and sell it, but they keep the Mercedes hood ornament. They then split the proceeds between their rich buddies, and go out and find a Ford Pinto up on cinderblocks in a field, with the grass growing through the floorboard. They place that in the driveway, cleverly glue the Mercedes ornament onto the front of the Pinto, and sneak off into the night. The next morning, America and Democrats are screaming- “What the hell happened to my car.†Republicans say- “What are you talking about, there is your Mercedes right there, we just modernized it and fixed it up a bit for long-term financial stability,†and point at the Pinto.
Then, the rocket scientists at Politifact drive by to take a non-partisan look at things, see the Mercedes symbol on the front of the car, and tell us all we’re lying about the Republicans stealing our Mercedes.