This episode's headline: Waging Politics; Navy Blues; Where They Stand. ANCHOR: ELIZABETH FARNSWORTH; GUESTS: REP. DICK ARMEY, Majority Leader; REP. RICHARD GEPHARDT, Minority Leader; DAVID EVANS, Defense Analyst; SEN. JOHN McCAIN, [R] Arizona; ADM. LEON ""BUD"" EDNEY, U.S. Navy [Retired]; GAIL MATTOX, U.S. Naval Academy; PRESIDENT CLINTON; CORRESPONDENTS: MARGARET WARNER; KWAME HOLMAN; CHARLAYNE HUNTER-GAULT;