Another option...thread the bushing with a 5/8" tap, then let the tap bottom out inside the crank and keep turning. The pilot bushing will walk its way out on the tap. Or do the same thing with a long 5/8" bolt after you tap the bushing if you are concerned about walking it out on the tap. Easy.
This method destroys the bushing, but I wouldn't reuse one anyway. They are not expensive.
Matt