5:10 UPDATE: Osama bin Laden Dead

5:10 p.m.- The FBI and Department of Homeland Security are warning law enforcement across the country that Osama bin Laden's death will likely inspire homegrown extremists in the U.S. to try to carry out attacks in the near-term. The agencies issued a joint intelligence bulletin Monday that said the core al-Qaida group is less likely to carry out attacks against the U.S. in the immediate future, but its spin off groups around the world could use bin Laden's death as an excuse to speed up plans for attacks. The bulletin was obtained by The Associated Press. 3:50 p.m.- A U.S. Officials says a new bin Laden tape, recorded shortly before his death is expected to surface soon. 2:40 p.m.-The White House says it has made no decision on whether to release photographic proof that Osama bin Laden is dead. John Brennan, President Barack Obama's counter terrorism adviser, says the administration will do everything it can to make sure no one can deny U.S. claims that the al-Qaida leader was killed during a firefight with U.S. forces in Pakistan. But Brennan says still to be determined is whether to release a photo of bin Laden's dead body. Brennan says one concern is whether doing so could potentially jeopardize similar operations and intelligence sources in the future. 2:15 p.m.-The White House says bin Laden would have been taken alive if there was the opportunity. 1:50 p.m.-A U.S. official says Osama bin Laden went down firing at the Navy SEALs who stormed his compound. An official familiar with the operation says bin Laden was hit by a barrage of carefully aimed return fire. The official spoke on condition of anonymity because aspects of the operation remain classified. The official says two dozen SEALs in night-vision goggles dropped into the high-walled compound in Pakistan by sliding down ropes from Chinook helicopters in the overnight raid. U.S. officials say bin Laden was killed near the end of the 40-minute raid. The SEALs retrieved bin Laden's body and turned the remaining detainees over to Pakistani authorities. 12:20 p.m.-President Barack Obama says the world is better and safer because of the death of al-Qaida leader Osama bin Laden. Speaking at the White House, Obama said bin Laden's death show that the United States has kept its commitment to seeing that justice is done. Obama also praised the people gathered spontaneously at the White House and in New York to celebrate bin Laden's death, saying that embodied the true spirit and patriotism of America. A team of elite American forces killed bin Laden during a raid at the compound in Pakistan where the elusive terror mastermind had been hiding. Obama spoke during a White House ceremony to award the Medal of Honor posthumously to two veterans of the Korean War. 12:10 p.m.-President Obama speaks, saying “This is a good day for America.” 12:00 p.m.-The Pentagon says Osama bin Laden's body was placed into the waters of the North Arabian Sea after adhering to traditional Islamic procedures — including washing the corpse — aboard the aircraft carrier USS Carl Vinson. At a briefing for reporters at the Pentagon, a senior intelligence official said that before the burial the U.S. used multiple means to positively identify bin Laden. The official, who spoke on condition of anonymity under ground rules set by the Pentagon, said a woman believed to be bin Laden's wife identified him by name during the U.S. raid that killed him in Pakistan. The intelligence official also said that DNA analysis on Monday provided certainty that the body was that of bin Laden. 11:00 a.m.- Homeland Security Chief Janet Napolitano says there are no plans to raise the terror alert after bin Laden's death. 10:55 a.m.-Iran says there is no excuse for the United States to continue deploying troops in the Middle East after the killing of al-Qaeda leader Osama bin Laden. Iran's Foreign Ministry spokesman, Ramin Mehmanparast, says the U.S. can no longer send troops to the region under the pretext of fighting terrorism. His comments were reported Monday by Iran's official IRNA news agency. Iran says it cooperated with the U.S. in fighting terrorism but instead of being rewarded, former President George W. Bush placed Iran in his “axis of evil.” Iran says it has cracked down on al-Qaida operatives, especially along its border with Afghanistan, but also criticized the U.S. for invading Afghanistan and Iraq. 9:45 a.m.- Secretary of State Hillary Clinton spoke this morning about bin Laden's death, saying the battle against terrorism does not end bin Laden's death. Sunday Night: The most wanted terrorist in the world, Osama bin Laden, is dead. President Obama addressed the nation late Sunday night saying the September 11th mastermind was killed by U.S. forces. Bin Laden has spent nearly the last 10 years in hiding since the attacks on the Twin Towers. Sunday, the President said they were able to take action against bin Laden's hide-out in Pakistan. U.S. troops were able to take custody of bin Laden's body, and the President says the U.S. made sure to handled it according to Islamic tradition. A U.S. official said earlier this morning bin Laden was buried at sea. “Justice has been done,” the President said. (Copyright 2011 by The Associated Press. All Rights Reserved.)