1. Brown meat with chili powder in large saucepan.
2. Add all remaining ingredients except cheese; mix well.
3. Bring to boil; cover. Simmer on low heat 15 min., stirring after 8 min. Serve topped with cheese.
* Special Extra: Top each serving with chopped fresh cilantro and a dollop of BREAKSTONE'S Reduced Fat or KNUDSEN Light Sour Cream.
* Serving Suggestion: Serve with a fresh green salad.
* Recipe courtesy of Kraft Kitchen