It's not a ground lift, it's a (not) clever little thing which also goes by the colorful name of "the death switch." If I were you, I'd take it to a good amp tech and have them disable it for you, because they really are a bad idea. Basically, what they do is to switch a cap-to-ground between the hot and neutral legs of the incoming Mains. The big problem with them is that, when the cap shorts (as they eventually do), if it is switched to the "hot" side it will send 120v at basically an infinite current to the chassis until it trips the breaker. If you don't have the amp grounded, or if you (through your guitar cable) are a better path to ground, then you may as well have stuck a key in the wall socket, because that is what is going through YOU.
Bad Juju, all around.
By the by, if it is blowing your breaker, it almost certainly means that cap IS blown. That being the case, I need to revise my advice; RUN to the nearest qualified tube amp tech and have them yank that fucker out of there before you turn the amp on again. It may be the cap is just leaky, and your not in danger of getting the full Don King hair treatment, but better safe than sorry, you know?
Seriously, those things EARNED the name "death switch."
Light
"Cowards can never be moral."
M.K. Gandhi