So maybe I panicked just a little. It took me all morning to get up the courage to go out and look at it. It wasn't a very big branch and it wasn't wrapped around the hub. One simple cut with the trusty clippers and it's gone.
Thank you God. I found my religion on this one. I prayed before I went out. It would have made a better story if was a real disaster but I wasn't prepared to deal with one.