1 lb. ground beef
1 medium onion, chopped
dash of pepper
1 lb. process cheese product, cubed
1 (8 oz.) bottle taco sauce
1/4 c. water
1 medium tomato, chopped
1 medium green pepper, chopped
1 (2 1/4 oz.) can sliced ripe olives, drained
tortilla chips

In a large saucepan over medium heat, cook beef, onion and pepper until meat is no longer pink; drain. Add the cheese, taco sauce and water; stir until cheese is melted. Stir in the tomato, green pepper and olives. Serve warm with chips.

Yield: 6 cups.