Caramel Cereal Treats

By lewolfe50

Ingredients

• 8 cups Sugar Smacks cereal
• 1-3/4 cups dry roasted peanuts
• 1 package (14 ounces) caramels
• 1/2 cup sweetened condensed milk
• 1 tablespoon butter
• 1/2 cup milk chocolate chips

Details

Servings 4
Adapted from tasteofhome.com

Preparation

Step 1

In a large bowl, combine cereal and peanuts; set aside. In a large microwave-safe bowl, combine the caramels, milk and butter. Microwave, uncovered, on high for 1-2 minutes or until caramels are melted, stirring every 30 seconds.
Pour over cereal mixture; stir to coat. With greased hands, pat mixture into a greased 15-in. x 10-in. x 1-in. pan.
In a microwave, melt chips at 70% power for 1 minute; stir. Microwave at additional 10- to 20-second intervals, stirring until smooth. Cool slightly. Drizzle chocolate over caramels. Let stand until set. Cut into bars. Yield: 3-1/2 dozen.