Heat large nonstick skillet over medium heat until hot. Add Ground Beef; cook 8 to 10 minutes, breaking into 3/4-inch crumbles and stirring occasionally. Pour off drippings.
Stir in potatoes. Cook 5 minutes, stirring occasionally. Stir in salsa and chilies; continue cooking 8 to 10 minutes or until potatoes are lightly browned, stirring occasionally. Sprinkle with cheese. Let stand 5 minutes.
Nutrition information per serving: 422 Calories; 171 kcal Calories from fat; 19 g Total Fat; 9 g Saturated Fat; 7 g Monounsaturated Fat; 87 mg Cholesterol; 999 mg Sodium; 33 g Total Carbohydrate; 3.7 g Dietary Fiber; 28 g Protein; 3.9 mg Iron; 6.6 mg NE Niacin; 0.7 mg Vitamin B6; 2.4 mcg Vitamin B12; 6.2 mg Zinc; 20.3 mcg Selenium;