Had a scare today.How bad of a AC problem do I have?

My son came running out of the house today to get me.Went inside and found light smoke throughout the house with the smell of burning wire.After scrambling around trying to figure where it was coming from I noticed the wall thermostat on the wall had no power..I went and kicked the breaker to the AC unit for extra precaution. Can anybody give me an idea of what might have happened?I am guessing the blower burnt up and the smell and smoke is whats coming throughout the house?Its been 4 hours now and still have that smell ,not as bad but still smells.I got all the windows opened up.Luckly its kinda cool here right now so being without an air conditioner at this time of the year isnt to bad Any help would be greatly appreciated,Thanks