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PLACE carrots in 1-1/2-quart microwavable bowl or casserole dish. Add enough water to completely cover carrots. Microwave on HIGH 10 minutes or until carrots are tender; drain.
PLACE carrots in food processor container. Add fat free cream cheese, milk and 1 Tbsp. of the sugar; cover. Process until well blended. Place in serving bowl.
MIX remaining 1 Tbsp. sugar and cinnamon; sprinkle over carrot mixture.