In large saucepan, combine butterscotch chips and peanut butter; cook over low heat until chips are melted and mixture is smooth. Add rice cereal, stir until well coated.
Press half this mixture in bottom of well greased 9" X 12" cake pan. Chill in refrigerator while preparing fudge mixture. Set remaining cereal mixture aside.
Combine over hot (not boiling) water, chocolate chips, butter, and water. When mixture is smooth, add confectioners sugar, mix until well blended and smooth.
Spread chocolate mixture over chilled cereal layer. Follow this layer with remaining cereal mixture. Press gently. Chill in refrigerator until firm, about 1 hour.
Calories From Fat
% Daily Value*
Total Fat 0g
Saturated Fat 0g
Trans Fat 0g
Dietary Fibers 0g
* Percent Daily Values are based on a 2,000 calorie diet.
* Nutrition information is estimated based on the ingredients and cooking instructions as described in each recipe and is intended to be used for informational purposes only. Please note that nutrition details may vary based on methods of preparation, origin and freshness of ingredients used.