What you need to do is BORE the tapered hole so it is concentric and round again.
Reamers will follow the existing wonky hole and cause silliness. Boring the taper is easy peasy using the topslide set at an angle. To get the right angle you set up a known good MT2 centre between centres and use a dial indicator to set the topslide to a zero-zero reading. Centre can be held between a pice of stock in the chuck with a centre drill hole drilled in it and a tailstock centre that fits in to the centre hole that most centres have in the tail end from the manufacturing process.
Or turn a piece of bar parallel and use dial indicator to set topslide at correct angle to get the correct thou offset over one inch of topslide movement. You can look up the taper per inch on charts etc. And remember to halve it.
Test your topslide angle by turning a male taper and check how it fits in your tailstock , using felt pen marks and slight rotation to get a reading. Once happy, set up a boring bar and bore out your spindle to get rid of ovality and eccentricity. There is plenty of stick out on most Myford spindle so should be enough "meat' to clean up the taper. Don't try to remove all the gouge marks. Just make a round concentric hole that will grip your collets. You could finish the hole of with one or two turns by hand of your reamer if you wish.
Otherwise, you will have to scrape your old bearings to fit any new/used spindle. Which is much harder to do than a simple boring job.
I rebored the trashed taper on my ML7 using the second method I described – parallel turned bar and dial gauge — and it worked perfectly.