Never-Fail Cutout Cookies

"I have tried numerous recipes for cutout cookies over the years—this one is foolproof. My daughter and my granddaughter love making these for holidays and social events. Most of all, we enjoy decorating them. You can try almond flavoring or another flavoring of choice. This recipe is easily doubled. —Irene Palm, Mansfield, Ohio..."

INGREDIENTS
2 cups butter, softened
1 package (8 ounces) cream cheese, softened
2 cups sugar
2 large egg yolks
2 teaspoons vanilla extract
5 cups all-purpose flour
FROSTING:
3-1/2 cups confectioners' sugar
3 tablespoons butter, softened
1 tablespoon shortening
1 teaspoon vanilla extract
4 to 5 tablespoons 2% milk
Food coloring of choice, optional
Assorted sprinkles or candies, optional
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