We went to a bbq over the weekend and i made this. An oldie but goodie. This stuff is addicting...can't keep your hands out of the bowl...addicting :)
1/2 cup butter
1 cup peanut butter
2 cups milk chocolate chips
1 (17.5) ounce rice cereal
1 pound (give or take?) powdered sugar
Melt peanut butter and milk chocolate chips. Pour over cereal and toss til well coated. Place cereal in a paper sack-add powdered sugar and shake til all coated. Tip...store in freezer. SO GOOD!