This episode's headline: Editors' Views - The Budget; Political Wrap; All Wet; The Right Move. The guests include GERALD WARREN, San Diego Union Tribune; ROBERT SCHEER, Los Angeles Times;PATRICK McGUIGAN, Daily Oklahoman; CYNTHIA TUCKER, Atlanta Constitution; LEE CULLUM, Dallas Morning News; MARK SHIELDS, Syndicated Columnist; PAUL GIGOT, Wall Street Journal; CORRESPONDENTS: TOM BEARDEN; SHARON EPPERSON. Byline: In New York: ROBERT MAC NEIL; In Washington: JAMES LEHRER