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Combine sugar and syrup in 3 quart sauce pan.
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Cook over moderate heat, stirring constantly, until mixture bubbles.
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Remove from heat.
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Stir in peanut butter, mix well.
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Add rice krispies, stir until well-blended.
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Press mixture into greased cookie sheet.
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Melt chips together over hot but not boiling, stirring until well blended.
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Remove from heat and spread over bars.
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Cool until firm and cut into bars.