Ingredients

1 package (10 ounces) Rice Krispies1 can (14 ounces) sweetened condensed milk1/2 cup butter, cubed1 package (14 ounces) caramels1 package (16 ounces) large marshmallows

Preparation

Place cereal in a shallow bowl; set aside. In a double boiler or metal bowl over simmering water, combine the milk, butter and caramels, stirring until smooth. Remove from the heat.

With a fork, quickly dip marshmallows into hot mixture; allow excess to drip off. Roll in cereal. Place on a foil-lined pan; chill for 30 minutes. Remove from the pan and refrigerate in an airtight container.