Low Fat Cream Cheese Frosting Be The First To Review By Anonymous recipe I use this frosting for my low fat carrot cake. Low Fat Cream Cheese Frosting Ingredients 1 (3 ounce) package Neufchatel cheese2 cups low fat margarine2 cups confectioners’ sugar1 teaspoon vanilla extract Instructions 1 In a medium bowl, beat cream cheese and margarine until smooth. Add vanilla. Add sugar 1/4 cup at a time until all is added. Beat until smooth.
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