Brown sausage in a large skillet, stirring until it crumbles and is no longer pink; rinse and drain.
Stir together sausage and remaining ingredients in a 2 1/2quart slow cooker.
Cover and cook at LOW 2 hours or until cheese melts. Serve with tortilla chips.
NOTE: To cook on the stovetop, prepare sausage as directed above. Return sausage to skillet; add remaining ingredients. Cool over low heat, stirring occasionally, 8 to 10 minutes or until cheese is melted.