I had this recipe recently at a party and it was awesome and really easy:
Easy Party Chip Dip
1 can of chili, no beans
1 box of Velveeta cheese
Cut the Velveeta into small, 1 inch cubes. Place in bowl and pour can of chili over the top. Microwave for 3-5 minutes, or until cheese is melted. Remove from microwave and evenly mix. Eat with tortilla chips.
It is awesome.