Tax revenues are more-or-less a constant % of GDP, because people modify their behavior to avoid taxes as much as possible. Taxes aren't going to pay for this spending. Inflation will.
So yes. If I could print money like the US government, a new Porsche or a beachfront vacation home would be free.
(But the downside is that a Big Mac will cost $5000, a gallon of gas will cost $3000 and the new iPhone 17 will cost $69999 instead of $699. At least we'll all be billionaires.)