1 stick butter
1 can sweetened condensed milk
1 pkg. Kraft caramels
1 pkg. regular marshmallows
Rice Krispies

Melt butter, milk and caramels over low heat in large saucepan, stirring often. Dip marshmallows into mixture, then roll in Rice Krispies. Dry on wax paper until firm. If mixture gets too thick, add a bit of cream or milk and reheat. These can be frozen after firm.