coa coast, 7:00 a.m. out west. good morning. i m carol costello. police in new york have arrested two men who were planning to attack a manhattan synagogue. a law enforcement source tells cnn they were arrested in a sting trying to buy guns and a grenade. both men are said to be of north african descent. in libya, nato launches a new attack on the tripoli compound of moammar gadhafi. just hours earlier, gadhafi appeared on state-run television for the first time in two weeks. and right now on capitol hill, oil and gas executives are in the hot seat. they re facing questions over why they deserve billions of dollars in tax breaks while raking in nearly record profits. we ll listen in in a bit. first, the latest developments in the death of osama bin laden. intelligence experts are pouring over a prize discovery in the raid, a personal journal, handwritten by bin laden. according to the washington
the fate of tax breaks on the agenda. we are monitoring the feisty back and forth. we want you to listen to what john watson, the ceo of chevron, had to say. sbl first, the oil and gas business pays its fair share of taxes despite the current debate on energy taxes. few businesses pay more in tacks than oil and gas companies. the worldwide effective tax rate for our industry is 40%, higher than the u.s. statutory rate of 35% and the rate for manufacturers of 26.5%. we will check in dana bash and let you listen to what went on. the swollen crest of the mississippi river rolling south. the high waters have closed more than a dozen mississippi casinos. rob is in tunica, mississippi.