COOK meat with onions, cumin and chili powder in large skillet on medium-high heat 5 min. or until meat is no longer pink, stirring occasionally.
ADD tomatoes, water, pasta and peppers; stir. Bring to boil. Reduce heat to medium-low; cover. Simmer 18 to 20 min. or until pasta is tender and most of the liquid is absorbed.
STIR in VELVEETA; cook 2 min. or until melted, stirring occasionally. Sprinkle with cilantro.
KRAFT KITCHENS TIPS
Jazz It Up
Add 1/4 tsp. crushed red pepper along with the onions, cumin and chili powder.
Substitute a green bell pepper for the yellow pepper.
RECIPE COURTESY OF KRAFT FOODS