Chex Muddy Buddies

9 c. chex cereal

1 c. chocolate chips

1/2 c. peanut butter

1/4 c. butter or margarine

1 tsp. vanilla

1 1/2 c. powdered sugar

Measure cereal into large bowl; set aside. Microwave chocolate chips, peanut butter and butter in bowl, uncovered on high for 1 minute; stir. Microwave 30 seconds longer or until mixture can be stirred smooth. Stir in vanilla. Pour chocolate mixture over cereal in bowl, stirring until evenly coated. Pour into 2-gallon plastic baggie; add powdered sugar. Seal bag well; shake until well coated. Spread on waxed paper to cool. Store in airtight container in refrigerator.

From: Chex Box