Taco Bell Mild Border Sauce

3 cups water
2 teaspoons cornstarch
1 6-ounce can tomato paste
3 tablespoons white distilled vinegar
4 teaspoons chili powder
2 teaspoons salt
1 teaspoon cayenne pepper

1. Dissolve cornstarch in water in a medium saucepan.
2. Add remaining ingredients and stir well. Bring mixture to a boil over medium heat, then reduce heat and simmer for 5 minutes. Turn off heat and cover until cool. Keep in a covered container in the refrigerator to store.
Makes 3 cups (24 ounces).