Ingredients:

1 (8 oz) (226 г) bar cream cheese, softened
1 cup butter, softened
2/3 cup granulated sugar
1/4 tsp vanilla extract
2-1/2 cups all-purpose flour
1/2 cup colored sugar

1 Beat cream cheese and butter together in a large bowl with mixer until blended. Add granulated sugar and vanilla; mix well. Gradually add flour, beating well after each addition. Refrigerate at least 3 hours or until chilled.
2 Preheat oven to 350 °F (≈ 180 °С). Roll out dough to 1/4-inch thickness on lightly floured surface. Cut into shapes with 3- to 4-inch cookie cutters; sprinkle with colored sugar. Place, 2 inches apart, on baking sheets. If dough is too sticky just add additional flour to your work surface and rolling pin.
3 Bake 10 to 15 minutes or until edges are lightly browned. Cool on baking sheets 2 minutes. Remove to wire racks; cool completely.