Caramel Walnut Bars

Directions

1. 1
   Preheat oven to 350°.
2. 2
   Combine flour, sugar and egg.
3. 3
   Cut in 1/2 cup butter until crumbly.
4. 4
   Stir in walnuts.
5. 5
   Reserve 2 cups crumb mixture; press remaining firmly on bottom of greased 9 x 12-inch pan.
6. 6
   Bake 15 minutes.
7. 7
   Melt caramels in heavy pan with condensed milk and 1/4 cup butter.
8. 8
   Pour over prepared crust soon as it comes out of oven (15 minutes).
9. 9
   Top with reserved crumbs. Bake 20 minutes more (until bubbly).
10. 10
    Cool.
11. 11
    Cut into bars.
12. 12
    Store at room temperature loosely covered.