Heat oven to 350 degrees. In a large bowl combine butter and sugar until fluffy. Add eggs and mix. Add dry ingredients and mix well. Stir in cranberries and vanilla chips. Mix drop by tablespoonfuls 2 inches apart onto greased cookie sheet. Bake 9 - 11 minutes to until edges are golden brown. Cool 1 minute; remove from cookie sheet. Cool on wire rack.
Makes 4 dozen.