WASHINGTON – Credit unions all around the country are preparing special loan deals and other financial assistance in preparation for the massive federal layoffs and budget cuts – known as sequestration – expected to take place tomorrow as the stalemate between President Obama and Republicans in Congress continues.

“We are here to help people meet their financial needs,” said Joe Mirachi, president of Florida’s Kennedy Space Center FCU, which has created an interest free loan for qualifying members who may be affected.

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