Nutty Carrot Cake

Ingredients

• 1 c. margarine or butter
• 1 1/2 c. sugar
• 2 c. shredded carrots
• 3 eggs
• 1 tsp. vanilla
• 1/2 c. milk
• 1/2 c. chopped nuts
• 2 1/2 c. all-purpose flour
• 2 tsp. baking powder
• 3/4 tsp. baking soda
• 3/4 tsp. salt
• 2 tsp. cinnamon
• 3 pkg. cream cheese, softened
• 1 Tbsp. milk
• 1/2 tsp. vanilla
• 3 c. sifted powdered sugar