BROWN 1lb ground beef; drain. ADD 1 pkg (1 1/4 oz) taco seasoning mix and 3/4 cup water. Bring to a boil; reduce heat and simmer uncovered for 10 minutes, stirring occasionally. ADD 2 cups water to the meat mixture and bring to a boil.

STIR in 2 cups instant white rice. Sprinkle with 1 cup KRAFT Tex Mex Shredded Cheese; cover. Cook on low heat 5 minutes.

TOP with tortilla chips, shredded lettuce, chopped tomato, sour cream and salsa.