1 lg. onion
1/2 c. chopped red or green pepper
1 jar (2 oz.) Hormel 100% real home-style bacon pieces
2 tbsp. butter
4 med. potatoes, peeled & diced
2 c. chicken broth or bouillon
1 c. milk
1 container (10 1/2 oz.) cheese snack
Black pepper to taste
Parsley

Saute first 3 ingredients in butter in saucepan. Add potatoes and broth. Bring to a boil; reduce heat. Cover; simmer 15 minutes or until potatoes are tender. Stir in milk, Cheese Snack and pepper. Cook over low heat until Cheese Snack is melted and soup is hot, stirring occasionally. Sprinkle with parsley.

Serves 6.