Caramel Swirls

Directions

1. In a large bowl, cream butter, cream cheese and brown sugar until light and fluffy. Beat in egg yolk and flavoring. Gradually beat flour into creamed mixture. Refrigerate 2 hours or until easy to handle.
2. In a microwave-safe bowl, melt caramels; stir until smooth. Stir in cream cheese until blended. Divide dough in half. Roll each portion between 2 pieces of waxed paper to 1/4-in. thickness. Spread caramel mixture over dough to within 1/2 in. of edges.
3. Roll up tightly jelly-roll style, starting with a long side. Wrap rolls in plastic wrap; refrigerate 4 hours or until firm.
4. Preheat oven to 350°. Unwrap and cut dough crosswise into 1/4-in. slices. Place 1 in. apart on greased baking sheets. Bake until golden brown, 12-14 minutes. Remove from pans to wire racks to cool.