Finely grated peel of two oranges
1 c. orange juice
1 1/4 c. real butter, room temperature
1 (8 oz.) pkg. cream cheese, room temperature
1 1/4 c. powdered sugar

Simmer orange peel and juice in small saucepan until reduced to about 1/2 cup; cool. Cream butter and cream cheese in small mixing bowl until fluffy. Add sugar alternately with orange juice (and peel) until desired consistency and well blended.