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Melt until boiling 1 cup Karo and 1 cup sugar. Stir thoroughly and mix in 1 cup peanut butter. Mix this into Rice Krispies cereal. Press into a well greased 11 x 14 inch pan. Melt together 1 pkg chocolate chips and 1 pkg butterscotch chips. Mix together well and spread on top of the Rice Krispies. Let cool until set. Cut into squares.
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