1/2 cup butter, softened
1/2 cup margarine, softened
1 cup granulated sugar
4 teaspoons vanilla extract
1 1/2 cups all-purpose flour
1/2 teaspoon baking powder
1/2 teaspoon baking soda
2 cups crisped rice cereal
Preheat oven to 375*F (190*C). Grease a baking sheet.
Beat butter, margarine, sugar and vanilla in bowl of an electric mixer on medium speed until light and fluffy. Add flour, baking powder and baking soda; mix well. Stir in cereal by hand.
Drop cookies by level tablespoons onto cookie sheet, about 1 1/2-inches apart (cookies will spread). Bake until lightly browned around edges, 8 to 10 minutes. Cool on cookie sheet 2 minutes; remove to cooling rack. Cool completely.
Makes 3 dozen cookies.