That is the plan over time
Discussion
If you do it over time, then you still have to pay massive amounts of interest. You could also quantitatively ease the interest, leading to lower taxes.
QE is inevitable, at what pace is indeed the question
A simple answer to this is to do it when the bonds come due. So, over 1 ,5, 10, 30 years. Instead of refinancing the debt, you just use QE to pay the principal and interest. At that point your national debt is reset to zero. And you dont need to borrow more, since deficits are normally the same amount as interest.