1/2 cup butter, softened
1 3-oz pkg cream cheese, softened
2 tsp vanilla
1 16-oz pkg (2 cups) powdered sugar
3-4 Tbsp milk
1. Beat first 3 ingredients at medium speed with electric mixer until creamy.
2. Gradually add powdered sugar alternately with 3 Tbsp milk, beating at low speed until blended and smooth after each addition.
3. If desired, beat in remaining 1 Tbsp milk, 1 tsp at a time, until desired consistency.