14 oz. bag Kraft caramels
3 tbsp. water
5 c. Rice Krispies
16 oz. chocolate chips
16 oz. peanut butter chips

Melt caramels with water in saucepan over low heat. Pour over Rice Krispies; toss until well coated with greased fingers. Press mixture into 9x13 inch pan. Sprinkle morsels on top; place in 200 degree oven for 5 minutes or until morsels soften. Spread morsels until blended to form a frosting. Cool, cut into bars.