In a large skillet, cook the sausage, onion and peppers over medium heat until meat is no longer pink; drain.
Add macaroni and water. Bring to a boil. Reduce heat; cover and simmer for 7-8 minutes or until macaroni is tender. Stir in chili sauce and milk; heat through.
Remove from the heat. Sprinkle with cheese. Cover and let stand for 5 minutes or until cheese is melted.
Yield: 5 servings.