It doesn't always work quite like that. You can't just subtract one rail's capacity from the rest and expect the remainder to be totally accurate. besides, If the manufacturer had a capable +12V rail, they would have listed the wattage that the +12V rail was good for.
If the full 18A was available for the +12V rail, it would handle (12*18) 216W. But it seldom works that way. Especially on low end PSUs.
In the end, it is your choice whether or not you want to run the 65W card with that PSU. Personally, I would be hesitant.