In Dutch oven or chili kettle over medium heat, sauté beef stirring occasionally until red color disappears.
Keep ground beef in small chunks.
Pour off fat.
Add onion, green pepper, garlic, chili powder, oregano, basil; mix well.
Cook, stirring, until onion and green pepper are tender—about 5 minutes.
Stir in sugar, salt, tomatoes, tomato sauce, and tomato paste; mix well.
Bring to boiling, breaking up tomatoes with a fork.
Simmer slowly, covered, stirring occasionally, until thickened and flavors are blended—about 40 minutes.
Add beans; simmer, covered, 10 minutes, or until hot.
Garnish with cheddar cheese if desired.
Serve over hot cooked rice, if desired.