This is another recipe that Brian's Aunt Linda gave to us. :) Sounds kind of like a recipe I made the other day. :)
49 (14 oz) Kraft Caramels
3 Tbsp. water
5 cups rice cereal
1 cup peanuts
1 (6 oz) pkg. semi-sweet chocolate chips
1 (6 oz) pkg. butterscotch chips
Melt caramels with water in saucepan over low heat. Stir frequently until sauce is smooth. Pour over cereal and nuts and toss until well coated. With greased fingers, press the mixture into a greased 9x13" baking pan. Sprinkle morsels on top; place in 200º oven for 5 minutes or until morsels soften. Spread softened morsels until blended to form a frosting. Cool, cut into bars.