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Full Idea
There is the speaker's thought and the thought formed by the hearer. That is all there is. We don't need an additional entity, the thought expressed by the utterance.
Gist of Idea
There are speakers' thoughts and hearers' thoughts, but no further thought attached to the utterance
Source
François Recanati (Mental Files in Flux [2016], 7.2)
Book Ref
Recanati,François: 'Mental Files in Flux' [OUP 2016], p.119
A Reaction
This fits my view of propositions nicely. They are the two 'thoughts'. The notion of some further abstract 'proposition' with its own mode of independent existence strikes me as ontologically absurd.