Ok, measure the ID of the hole in the spindle (clean the inside up if you need to). How tight of a fit does the bushing have when installing in the spindle? How tight is the fit of the bolt? If you have a new bolt you will use, measure it up.
Run a file corner across the bushing and see if it is easy or tough or impossible to file. Suspect easy, but sometimes bushings are hardened.
I will look tomorrow at what stock I have. Over .5" I know I have 12L14, but that rusts too easily for this application.
Depending on how tight we need to be on the ID, I may have to see about a reamer.