House Republicans are entering the final two weeks of the midterms with a rare but razor-thin fundraising advantage over House Democrats.

Why it matters: Democrats outraised Republicans by $84 million in 2024 and $74 million in 2022. Now, Republicans are holding their own financially even as they face mounting political headwinds.

The National Republican Congressional Committee (NRCC) outraised the Democratic Congressional Campaign Committee (DCCC) by $1 million ($250 million to $249 million) so far this cycle, Axios has learned.

"The NRCC spent this cycle building a war chest to amplify Republican wins and make Democrats answer for their failures," NRCC Chair Richard Hudson (R-N.C.) told Axios in a statement.

By the numbers: The NRCC raised $50 million in the third quarter of 2026 and entered October with $61 million cash on hand.

The DCCC raised $50.5 million in Q3, and entered October with $55.7 million cash on hand.

The NRCC raised $28.5 million in September (the last month of Q3) including a $14…