1 1/2 cup water
2 cups minute rice
1/2 pounds velveeta cheese, cubed
1/2 cup Pace picante sauce
1/2 cup each chopped tomato and green pepper

Bring water to a boil. Stir in rice, cheese, & picante sauce; cover and remove from heat. Let stand 5 minutes. Add tomato and pepper. Let stand 10 minutes or to desired consistency.