Chocolate Chip Coffeecake

1/4 lb. butter, softened
8 oz. cream cheese, softened
1 1/4 c. sugar
2 eggs
1 tsp. vanilla
2 c. flour
1 tsp. baking powder
1/2 tsp. baking soda
1/4 tsp. salt
1/4 c. cold milk
1 c. chocolate chips

Pecan Topping: (mix together) 1/4 c. sugar, 1 tsp. cinnamon and 1/4 c. chopped pecans

Preheat oven to 350F. Grease a 9 x 3" springform pan; set aside. Prepare Pecan Topping; set aside.

In a large bowl, cream butter, cream cheese and sugar. Add eggs, 1 at a time, beating well after each addition. Add vanilla, flour, baking powder, baking soda and salt; mix well. Stir in cold milk and chocolate chips. Mixture will be very thick. Pour into prepared pan. Sprinkle with topping. Bake 50 to 55 minutes or until a toothpick inserted in center comes out clean. let cool 15 minutes. Remove outside ring from pan and cool completely. May be frozen. Makes 12 servings.