Preheat oven to 400 degrees Fahrenheit. Bring 6 cups of water to a boil. Add elbow macaroni to the boiling water. Brown the hamburger in a large skillet. Saute the green pepper and onion in small skillet.
When hamburger is browned and drained, add veggies to the large skillet. When the macaroni is nice and tender, drain and add to the hamburger and veggie mixture. Add the Bush's Baked Beans, and the V8 tomato juice, stirring together.
Place in a 13 x 9 casserole dish. Top with slices of Kraft Yellow American Cheese.
Bake in the oven until the cheese is melted. Cool 3-5 minutes, serve, and enjoy!