Preheat the oven to 350°F (175°C).

In a mixing bowl, combine the dry ingredients.

In another bowl, cream together the butter and sugars.

Add the eggs and vanilla extract to the butter mixture and mix well.

Gradually add the dry ingredients to the wet mixture, stirring until combined.

Fold in the chocolate chips and nuts.

Drop spoonfuls of the dough onto a baking sheet.

Bake for 10-12 minutes or until golden brown.