Peanutty Caramel Bars

Posted by Pat's Cookin at recipegoldmine.com 10/8/2001 2:17 pm

1 package caramels
1/4 cup water
3/4 cup peanut butter, divided
4 cups Cheerios
1 cup salted peanuts
1 cup semisweet or milk chocolate chips
1/2 cup butter or margarine, softened

In a large microwave-safe bowl, heat caramels, water and 1/2 cup peanut butter on HIGH for 1 minute; stir. Microwave 1 to 2 minutes longer or until melted. Add cereal and peanuts; stir until coated. Spread into a greased 13 x 9 x 2-inch pan; set aside.

In another microwave-safe bowl, heat chips, butter and remaining peanut butter on HIGH for 30 to 60 seconds or until melted. Spread over cereal mixture. Refrigerate before cutting.

Makes 3 dozen.