This recipe is a proven hit at our house. If you are making it for a party, just be aware of children with peanut allergies. It is so yummy!
1 box Rice Chex cereal
1/2 cup peanut butter
1/2 cup butter
12 ounces chocolate chips
2 cups powdered sugar
orange and black M&M's (optional)
Melt peanut butter, butter and chocolate chips together in the microwave or on the stove. Stir into cereal. Put powdered sugar in a paper sack. Add cereal mixture to sack and shake until well coated. Sprinkle orange and black M&M's for color, if desired. Enjoy!