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With an electric mixer, beat butter and 3 ounces cream cheese until creamy.
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Slowly add sugar and continue to beat until light and fluffy.
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Add eggs, one at a time.
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Beat after each egg into butter mixture.
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In a small bowl, combine flour, baking powder and salt.
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Add to butter mixture and blend in well with electric mixture.
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Now, stir in vanila and pecans.
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Cover mixing bowl with plastic wrap and chill for 1 hour.
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Preheat oven to 325 degrees.
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Remove dough from refrigerator.
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With a Tablespoon, cut into dough and drop on ungreased cookie sheet.
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Drop unto cookie sheet two inches apart.
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Bake for 10 to 12 minutes.
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Cool cookies on cookie sheet for a few minutes and then remove to a wire cooling rack.
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Beat 1/4 cup of softened cream cheese, powdered sugar, and milk until smooth.
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With a Tablespoon, slowly drizzle glaze over cookies.
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Let stand 1 hour or until glaze is set.