1 c. Karo syrup
1 c. sugar
1 c. peanut butter
1 T. water
6-7 c. Special K cereal
1 c. milk chocolate chips
1 c. butterscotch chips
Combine Karo syrup, sugar, peanut butter and water. Bring just to a boil and remove from heat.
Stir cereal into above mixture, coating well. Place in a buttered 9Ă—13 pan and press down to compact.
Melt chocolate and butterscotch chips together, stir well, and spread over compacted cereal.
Allow to cool and then cut into bars.