Caramel Sauce

Desription
Milk, Evaporated by the US Department of Agriculture, public domain government resource—original source of recipe

Ingredients

 * 2 cups sugar
 * ½ cup water
 * 1 (13-ounce) can evaporated milk
 * ½ cup (1 stick) butter, softened, divided
 * 2 teaspoons vanilla extract

Directions

 * 1) Combine sugar and water in medium saucepan; cook over medium-high heat, stirring occasionally, until mixture comes to a boil.
 * 2) Continue to boil, without stirring, 10 to 14 minutes, tilting pan occasionally to keep color even until stir in evaporated milk (mixture will foam up); do not scrape sides of pan.
 * 3) One tablespoon at a time, add ¼ cup butter, stirring well after each addition.
 * 4) Stir in remaining butter and vanilla extract until smooth.
 * 5) Serve over bread pudding, ice cream, cake, or fruit.