Caramel Krispie Treats Ingredients 1 stick butter 1 can sweetened condensed milk 1 package caramels 5 cups +/- rice Krispies Directions Melt the butter over medium heat and then add the sweetened condensed milk. Next add the caramels and stir until all is melted. Last, add the rice krispies (you can use as much as you like). Then just drop by spoonful onto wax paper. Let set 30 minutes. Store covered in frig. Very Yummy !! Back