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This is a Rachel Ray recipe that I made this for Christmas this year. It makes a great gift, and the little ones love the idea that it's for reindeer!
- Melt the peanut butter, butter, and salt in a microwave for 1 minute. Add vanilla and combine thoroughly.
- Pour over cereal in large bowl, and mix to coat.
- Put confectioners' sugar in resealable plastic bag. Add cereal mix, and shake to coat.
- Mix with pretzels and cranberries. Store in airtight container.