Rep. Debbie Wasserman Schultz, D-Fla., defended the Obama super PAC’s factually-bereft cancer ad by saying that it reveals the “consequences” of Mitt Romney’s decisions as head of Bain Capital.

“What I think of the ad is that there’s no question that the ad raises facts such as that Mitt Romney when he was CEO of Bain Capital bankrupted companies, laid off workers, cut their benefits and made millions of dollars in profits,” Wasserman Schultz, the chair of the Democratic National Committee, said yesterday on Fox News Sunday. “That ad points out that there are consequences to making decisions like that that impacted people’s live in a significant way.”

CNN reported that the ad does no such thing. “It’s a heart-wrenching story, but it’s not accurate,” CNN’s Briana Keilar said of the ad, which suggests that a woman died of cancer because Bain Capital laid off her husband, which cost him his insurance. “This is kind of a case of the super PAC being able to do the dirty work and the campaign and candidate, and in this case, the White House, trying to keep its hands clean.”

She explained, as I’ve summarized previously, “that the woman had insurance through her employer for three to four years (Joe Soptic, the man featured in the ad, was uncertain about the exact date) after Romney left Bain Capital to take over the Salt Lake City Olympics. Keilar adds that the woman discussed in the ad was diagnosed with cancer in 2006: three or four years after she left her job due to an injury; five years after her husband lost his job; and seven years after Romney left Bain.” You can see her report on the ad in the video above.

Bill Burton, the head of Obama’s super PAC (Priorities USA Action), made a similar argument today. “There were real-life consequences when all these people lost their jobs, when their health insurance got canceled, when they lost their pension benefits,” he told MSNBC today.