1 (3 oz.) pkg. cream cheese, softened
4 tbsp. butter, softened
2 c. Bisquick
1/3 c. milk
1/2 to 3/4 c. preserves (your favorite flavor)

ICING:

1 c. powdered sugar
1 to 2 tbsp. milk
1/2 tsp. vanilla

Cut cream cheese and butter into Bisquick until crumbly. Blend in milk. Turn onto floured surface. Knead 8 to 10 times. On wax paper, roll dough into 12 x 8 inch rectangle. Turn onto greased baking sheet. Remove wax paper. Spread preserves down center of dough. Make 2 1/2 inch deep cuts at 1 inch intervals on long side of dough.

Fold each long edge of dough over to center to cover filling. Bake at 425 degrees for 12 to 15 minutes. Combine ingredients for icing and drizzle on top.