Saute ground beef and chopped onions until beef is browned. Add the next 5 ingredients ending with the taco seasoning. Bring to a boil. Reduce heat, cover and simmer 30 minutes, 1 hour if you are making larger amounts. Stir occasionally.
Serve with grated cheddar cheese and crumbled tortilla chips. Add a little sour cream on top, as desired.
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