Place sugar and Karo syrup in sauce pan and bring to a rolling boil.
Add peanut butter and mix thoroughly.
Place cereal in large greased mixing bowl.
Pour syrup mixture over cereal and mix well.
Press into a 15 1/2 x 10 1/2 x 1 inch cookie sheet.
Frost with butterscotch and chocolate chip mixture which has been melted over hot water in double boiler.
Cut into bars before mixture is completely cool.
0 servings