HEAT Italian dressing in large skillet on medium heat. Add yellow onions; cook 15 to 20 min. or until browned and caramelized, stirring occasionally. Stir in pepper. Cool.
MIX MIRACLE WHIP Dressing and cream cheese in medium bowl until well blended. Add caramelized onions and the green onions; mix well.
SERVE at room temperature with the crackers.