Chili's: Chili Queso

From Top Secret Recipes

1 16oz box Velveeta Cheese
1 15oz can Hormel Chili (no beans)
1 C milk
4 tsp chili powder
2 tsp paprika
1 Tbsp lime juice
1/2 tsp ground cayenne pepper
1/2 tsp ground cumin

Cut the Velveeta into cubes. Combine the cheese with the remaining ingredients in a medium saucepan over medium heat. Stir frequently until cheese melts, then reduce heat and simmer for 20 minutes. Serve hot with tortilla chips for dipping.