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Step 1
Heat a large skillet over medium-high heat. Once hot, add the ground beef and cook, breaking it up with a wooden spoon for 15–20 minutes until browned and cooked through. Season with salt and pepper.
Step 2
Transfer the cooked beef to a paper towel-lined plate and discard all but 2 teaspoons of fat in the skillet.
Step 3
Return the skillet to the stove over medium heat. Add the onion and both diced peppers and cook until softened, about 5–7 minutes. Season lightly with salt and pepper.
Step 4
Add the chili powder, cumin, garlic powder, cayenne powder, paprika, and turmeric. Cook for 1 minute until fragrant. Add the tomato paste and mash it into the skillet. Cook for 1–3 minutes until it deepens in color.
Step 5
Return the beef to the pot and toss to combine.
Step 6
Pour in the beef broth and add the chili sauce. Taste and add more salt, pepper, and a pinch of sugar if needed. Bring to a boil and then reduce heat and simmer for at least 30 minutes until thick.
Step 7
Stir the hot dog sauce occasionally as it cooks. If the liquid evaporates too quickly, add a splash or two of water.
Step 8
If the hot dog sauce is too thin, turn the heat up a touch and continue simmering until the liquid evaporates.
Step 9
Taste and season once more before serving.
Step 10
Serve the hot dog sauce on top of your favorite hot dog. Be sure to warm the buns first! I like to microwave them so they’re soft, but toast or grill them if you prefer. Serve with ketchup, mustard, and finely minced yellow onion on top. Enjoy!