Adapted from Shmooed Food. "We believe the recipe is adapted from Something To Shout About by Donna Green-Goodman." This is an alternative to a newer recipe for cheeze sauce.
Combine all ingredients except green chilis, tabasco, jalapeno and cayenne pepper. Blend in blender until completely smooth. Transfer mixture to a medium saucepan and whisk constantly over medium heat until thickened, about 5 to 6 minutes.
Stir in green chilis. Taste. Add tabasco, jalapeno sauce and cayenne to desired spiciness.
Serve as a dip with tortilla chips
Makes about 1 1/2 cups.