Caramel Marshmallow Krispy Balls
Everyone in my family loves these.
In a large heavy saucepan over medium heat, melt together caramels, sweetened condensed milk, and butter. Cook and stir until caramels are melted and the mixture is smooth. Place pan near wax paper on a hot pad. Have 2 forks, one to stab the marshmallow and one to help remove it from fork. Dip marshmallow into caramel, roll in rice krispies, then set on wax paper. Continue until all caramel is gone. If caramel starts to harden, you can return to stovetop to melt again.
Allow to set up or dry at room temperature. For a quicker set up, place in freezer for 30 minutes. Serve at room temperature. Store in air tight containers in refrigerator or freezer. Can be left out all day on a goodie tray with no problems.