Bottom line, as the conclusion section suggests, your MRI is well correlated with your symptoms. You have bulging discs at two levels but the bigger problem seems to be overgrowth of bone from your cervical spine itself at those levels encroaching into the foramina--the spaces through which nerves pass from your spinal cord on the way to other parts of the body--which is narrowing the space through which they travel and likely resulting in compression of the nerve roots, greater on the left side than on the right, which may well result in the symptoms described.

The important thing now is what to do about it. What kind of doctor are you seeing? This does not, to me, seem severe enough to be talking spinal fusion--possibly a foraminotomy (an operation in which more foraminal space is made by shaving done the bony protrusions to give the nerve roots more clearance)--but I'm not a doctor, and you need a spine/neurosurgeon opinion (or two).