Mix together the sugar, cinnamon, eggs, vanilla and oil in a large bowl.
Add in the baking soda, salt and flour. Stir in the jar of baby carrots, raw carrots, raisins and walnuts.
Mix well.
Bake in a greased and floured 13x9 inch pan at 350 degrees F (175 degrees C) for 20 minutes. Check after 20 minutes by inserting clean knife into center. Knife should come out clean. Cool thoroughly before cutting.
To Make Frosting: Cream together the cream cheese, 1/4 cup butter, confectioners' sugar and vanilla. Frost cooled bars.