The legislation has been described as the largest single transfer of fiscal power from Westminster in the history of the United Kingdom.

BBC: Scotland Bill Committee 1

While it garnered support from the French, the central unemployment insurance was quickly knocked down by Germany, which saw it as a fiscal transfer through the back door.

WSJ: Europeans Stay Rooted, Despite Economy

The bill, which has already cleared the Commons, implements recommendations of the Calman Commission to transfer control over some fiscal policies from Westminster to the Scottish Parliament.

BBC: Scotland Bill part one