2 pkgs. miniature marshmallows
3/4 c. butter, divided
10 c. Rice Krispies
1 (14 oz.) bag caramels
1 (13 oz.) can condensed milk (Eagle Brand)

Melt 2 packages marshmallows with 1/2 cup butter. Mix with cereal. Pack 2/3 of the mixture into 10"x15" jelly roll pan. Melt caramels with condensed milk and remaining 1/4 cup butter. Pour over mixture in pan. Pat remaining 1/3 cereal mixture on top of caramel. Can dampen hands to spread cereal. Refrigerate. Cut into bars.