Look no further for the cheese sauce of your dreams. Our version is ooey, gooey and couldn’t be easier to throw together when the craving hits. Use it as a dip or pour it over nachos, a chili dog or huevos rancheros. If you want to serve this for a party, you can keep warm in a slow cooker on the lowest heat setting.
Combine the American and Cheddar cheese in a medium saucepan and sprinkle with the cornstarch and cayenne. Toss the cheese until coated in the cornstarch mixture. Add the evaporated milk and set the pan over medium-low heat. Cook, whisking often, until the cheese is melted and the sauce is smooth and hot, 3 to 4 minutes. Add more cayenne to taste if desired.
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