Cook ground beef in a Dutch oven over medium-high heat, stirring until beef crumbles and is no longer pink; drain well. Wipe Dutch oven clean with a paper towel.
Sauté onion in hot oil in Dutch oven 5 minutes. Add salt, chili powder, and beef, and cook 3 to 5 minutes. Stir in 2 1/4 cups water and next 5 ingredients. Bring to a boil; reduce heat to low, and simmer, stirring occasionally, 45 minutes or until most of the liquid evaporates.