Another favorite! I think I love cream cheese frosting more than buttercream but they both are so good!
Frosts about 24 cupcakes
1/2 cup butter (1 stick) room temperature
8 oz cream cheese, room temperature
3 cups powdered sugar
1 tsp. vanilla
Dash of milk
* Make sure butter and cream cheese are at room temperature otherwise they will not cream properly.
Mix butter, cream cheese, vanilla, and 1 1/2 cups powdered sugar. Slowly add the remainder of the powdered sugar to your liking as well as the dash of milk. For firmer frosting, add powered sugar and for thinner frosting, add milk.