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Cupcakes:
1. Heat oven to 350 degrees F.
2. Grease, flour 12 oversize muffin pan cups.
3. Mix first 7 ingredients in a bowl.
4. Beat sugar, oil, eggs in 2nd bowl.
5. Stir in carrots then flour mixture until combined.
6. Stir in nuts, raisins.
7. Spoon 1/2 cup batter into each muffin cup.
8. Bake 25 min. or until done.
9. Cool in pan 5 min. Unmold.
Frosting:
1. Beat butter, cheese and vanilla in bowl until blended.
2. Beat in sugar until creamy.
3. Spread each cupcake with 1/3 cup frosting.
4. Decorate with Walnut halves.
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